$25,000
1.25 Acres
Land
#100474823, Listing Office: CENTURY 21 Thomas Incorporated DBA Thomas Real Estate, 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 October 2023
At the same time last year, Tabor City was a Buyer's Market.
Key Takeaway
Tabor City 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 Tabor City, NC
How much do homes in Tabor City, NC cost?
Median Sold Price
$220,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+29.4%)
Key Takeaway
Homes in Tabor City have sold for 29.4% more than they did a year ago.
Summary: The median home sold price in Tabor City was $220,000 in October 2024, up 29.4% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $255K | N/A |
| 2 Bedrooms | $155K | $155K | 0.0% |
| 3 Bedrooms | $192.5K | $212K | +10.1% |
| 4 Bedrooms | $130K | $246K | +89.2% |
| 5+ Bedrooms | $350K | $215K | -38.6% |
Summary: Tabor City 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 did not change, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 89.2%, and 5+ bedroom homes decreased by 38.6%.
Housing Supply in Tabor City, NC
How many homes are available in Tabor City, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Tabor City real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Tabor City 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tabor City, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Tabor City in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 152 Days | 60 Days | -60.5% |
Summary: Homes in Tabor City had an average of 60 days on market in Oct 2024, down by 60.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tabor City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Tabor City; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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