Is Swepsonville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Swepsonville is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Swepsonville was a Seller's Market.

Key Takeaway

Swepsonville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Swepsonville, NC

How much do homes in Swepsonville, NC cost?

Median Sold Price

$379,595

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,755(+2.9%)

Key Takeaway

Homes in Swepsonville have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Swepsonville was $379,595 in October 2024, up 2.9% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $264.7K$200.1K
-24.4%
3 $323.2K$381.9K
+18.2%
4 $379.9K$384.7K
+1.3%
5+ $380.6K$377.3K
-0.9%

Summary: Swepsonville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.4%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 0.9%.

Housing Supply in Swepsonville, NC

How many homes are available in Swepsonville, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1819+5.6%

Summary: The Swepsonville real estate market had 19 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 88
0.0%
4 99
0.0%
5+ 00
0.0%

Summary: The Swepsonville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Swepsonville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Swepsonville in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Swepsonville, NC

How long does it take to sell a home in Swepsonville, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days21 Days-46.8%

Summary: Homes in Swepsonville had an average of 21 days on market in Oct 2024, down by 46.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Swepsonville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Swepsonville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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