$2,957 Closing Credit*
$249,000
1,822 SqFt
5 Beds
•2 Full Baths
TRACEY JONES-BROOKS, Listing Office: TJB REALTY
Is Terry Sanford, 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, Terry Sanford was a Seller's Market.
Key Takeaway
Terry Sanford 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 Terry Sanford, NC
How much do homes in Terry Sanford, NC cost?
Median Sold Price
$200,050
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,050(+12.4%)
Key Takeaway
Homes in Terry Sanford have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Terry Sanford was $200,050 in October 2024, up 12.4% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $102K | $100K | -2.0% |
| 3 Bedrooms | $175K | $190K | +8.6% |
| 4 Bedrooms | $251K | $260K | +3.6% |
| 5+ Bedrooms | $347.3K | $262.5K | -24.4% |
Summary: Terry Sanford 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 2%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 24.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Seabrook Hills | $135K | $179K | +32.6% |
| Terry Sanford | $178K | $200K | +12.4% |
Housing Supply in Terry Sanford, NC
How many homes are available in Terry Sanford, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 92 | +1.1% |
Summary: The Terry Sanford real estate market had 92 homes for sale in October 2024, a 1.1% 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 65 | 71 | +9.2% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Terry Sanford 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 decreased by 14.3%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 15 | -34.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Terry Sanford, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Terry Sanford in October 2024, down by 34.8% month-over-month. Of the 15 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% were sold over asking.
Days on Market for Terry Sanford, NC
How long does it take to sell a home in Terry Sanford, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 16 Days | -63.4% |
Summary: Homes in Terry Sanford had an average of 16 days on market in Oct 2024, down by 63.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Terry Sanford are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Terry Sanford; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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