Is White Lake, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Lake is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, White Lake was a Neutral Market.

Key Takeaway

White Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in White Lake, NC

How much do homes in White Lake, NC cost?

Median Sold Price

$390,275

$181/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$43,675(+12.6%)

Key Takeaway

Homes in White Lake have sold for 12.6% more than they did a month ago.

Summary: The median home sold price in White Lake was $390,275 in November 2024, up 12.6% from last month, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $346.6K-
N/A
4 -$390.2K
N/A
5+ --
N/A

Summary: White Lake housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

White Lake
+12.6%
Colly Township
+12.6%

Housing Supply in White Lake, NC

How many homes are available in White Lake, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2522-12.0%

Summary: The White Lake real estate market had 22 homes for sale in November 2024, a 12.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 22
0.0%
3 1511
-26.7%
4 66
0.0%
5+ 11
0.0%

Summary: The White Lake housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 26.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Lake, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in White Lake in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for White Lake, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
23 Days19 Days-18.9%

Summary: Homes in White Lake had an average of 19 days on market in Nov 2024, down by 18.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in White Lake; 50% of homes were sold within 30 days, 50% 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

Newest Listings in White Lake, NC

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