$2,136 Closing Credit*
$179,900
1,050 SqFt
4 Beds
•1 Full Bath, 1 Partial
SARAH SOLAITA, Listing Office: FATHOM REALTY NC, LLC FAY.
Is Terry Sanford, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Terry Sanford was a Seller's Market.
Key Takeaway
Terry Sanford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Terry Sanford, NC
How much do homes in Terry Sanford, NC cost?
Median Sold Price
$199,900
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,900(+11.1%)
Key Takeaway
Homes in Terry Sanford have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Terry Sanford was $199,900 in November 2024, up 11.1% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $101K | $107.5K | +6.4% |
| 3 Bedrooms | $176.5K | $190K | +7.6% |
| 4 Bedrooms | $245K | $250K | +2.0% |
| 5+ Bedrooms | $352.3K | $262.5K | -25.5% |
Summary: Terry Sanford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 25.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Brookwood | $120K | $148K | +23.3% |
| Terry Sanford | $180K | $199.9K | +11.1% |
| Seabrook Hills | $155K | $160K | +3.2% |
Housing Supply in Terry Sanford, NC
How many homes are available in Terry Sanford, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 92 | 94 | +2.2% |
Summary: The Terry Sanford real estate market had 94 homes for sale in November 2024, a 2.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 74 | 76 | +2.7% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Terry Sanford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 11 | -35.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 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. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Terry Sanford in November 2024, down by 35.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 33 Days | -2.1% |
Summary: Homes in Terry Sanford had an average of 33 days on market in Nov 2024, down by 2.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 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 November 2024, 11 homes were sold in Terry Sanford; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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