$10,000 Closing Credit*
$974,900
1,606 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Landmark Sotheby's Intl Realty
Is Supply, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$515,633
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,083(+6.4%)
Key Takeaway
Homes in Supply have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Supply was $515,633 in October 2024, up 6.4% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $204K | -35.2% |
| 2 Bedrooms | $385K | $250K | -35.1% |
| 3 Bedrooms | $399K | $416.5K | +4.4% |
| 4 Bedrooms | $657.5K | $854K | +29.9% |
| 5+ Bedrooms | $1.6M | $1.6M | +3.6% |
Summary: Supply housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.2%, 2 bedroom homes decreased by 35.1%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 29.9%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
| Supply | $484.5K | $515.6K | +6.4% |
| Holden Beach | $846K | $900K | +6.4% |
| Lockwoods Folly Township | $430.6K | $451.7K | +4.9% |
| Shallotte | $335K | $322.9K | -3.6% |
Housing Supply in Supply, NC
How many homes are available in Supply, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 156 | 165 | +5.8% |
Summary: The Supply real estate market had 165 homes for sale in October 2024, a 5.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 84 | 89 | +6.0% |
| 4 Bedrooms | 49 | 52 | +6.1% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Supply housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 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. 72.7% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Supply in October 2024, down by 4.3% month-over-month. Of the 22 sold homes, 73% were sold under asking, 27% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 70 Days | +22.2% |
Summary: Homes in Supply had an average of 70 days on market in Oct 2024, up by 22.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 22 homes were sold in Supply; 59% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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