$9,619 Closing Credit*
$809,999
2,878 SqFt
3 Beds
•3 Full Baths, 1 Partial
#100480394, Listing Office: EXP Realty
Is Supply, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Supply was a Seller's Market.
Key Takeaway
Supply is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Supply, NC
How much do homes in Supply, NC cost?
Median Sold Price
$551,433
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$71,883(+15.0%)
Key Takeaway
Homes in Supply have sold for 15% more than they did a year ago.
Summary: The median home sold price in Supply was $551,433 in November 2024, up 15% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $204K | -35.2% |
| 2 Bedrooms | $397.5K | $250K | -37.1% |
| 3 Bedrooms | $399K | $460K | +15.3% |
| 4 Bedrooms | $655K | $885K | +35.1% |
| 5+ Bedrooms | $1.5M | $1.6M | +3.2% |
Summary: Supply housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.2%, 2 bedroom homes decreased by 37.1%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 35.1%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
| Supply | $479.5K | $551.4K | +15.0% |
| Holden Beach | $840K | $962.5K | +14.6% |
| Lockwoods Folly Township | $437.4K | $449.7K | +2.8% |
| Shallotte | $335K | $324.9K | -3.0% |
Housing Supply in Supply, NC
How many homes are available in Supply, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 161 | 162 | +0.6% |
Summary: The Supply real estate market had 162 homes for sale in November 2024, a 0.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 87 | 92 | +5.7% |
| 4 Bedrooms | 49 | 47 | -4.1% |
| 5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The Supply housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Supply, you may be able to get a good deal. 82.4% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Supply in November 2024, down by 26.1% month-over-month. Of the 17 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for Supply, NC
How long does it take to sell a home in Supply, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 77 Days | +179.5% |
Summary: Homes in Supply had an average of 77 days on market in Nov 2024, up by 179.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Supply are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Supply; 53% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
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