$24 Closing Credit*
$2,000
2,460 SqFt
3 Beds
•2 Full Baths
#100466812, Listing Office: Burroughs & Company, LLC
Is Tabor City, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Tabor City has remained a Seller's Market.
Key Takeaway
Tabor City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tabor City, NC
How much do homes in Tabor City, NC cost?
Median Sold Price
$220,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$65,000(+41.9%)
Key Takeaway
Homes in Tabor City have sold for 41.9% more than they did a year ago.
Summary: The median home sold price in Tabor City was $220,000 in August 2024, up 41.9% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $255K | N/A |
| 2 Bedrooms | $155K | $155K | 0.0% |
| 3 Bedrooms | $167.5K | $220K | +31.3% |
| 4 Bedrooms | $187.5K | $246K | +31.2% |
| 5+ Bedrooms | $350K | $45K | -87.1% |
Summary: Tabor City housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 31.2%, and 5+ bedroom homes decreased by 87.1%.
Housing Supply in Tabor City, NC
How many homes are available in Tabor City, NC?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Tabor City real estate market had 15 homes for sale in August 2024, a 7.1% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Tabor City housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tabor City, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Tabor City in August 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Tabor City, NC
How long does it take to sell a home in Tabor City, NC?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 31 Days | 88 Days | +185.5% |
Summary: Homes in Tabor City had an average of 88 days on market in Aug 2024, up by 185.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tabor City has remained consistent over time.
Summary: During August 2024, 4 homes were sold in Tabor City; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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