Is Winnabow, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winnabow is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Winnabow was a Seller's Market.

Key Takeaway

Winnabow is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Winnabow, NC

How much do homes in Winnabow, NC cost?

Median Sold Price

$338,745

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,155(-1.8%)

Key Takeaway

Homes in Winnabow have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Winnabow was $338,745 in November 2024, down 1.8% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $274.9K$273.2K
-0.6%
3 $339.9K$327.7K
-3.6%
4 $422K$411.4K
-2.5%
5+ $420K$469.5K
+11.8%

Summary: Winnabow 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 decreased by 0.6%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 11.8%.

Median Sold Price Compared To Nearby Cities

Smithville Township
+17.7%
Federal Point Township
+8.6%
Town Creek Township
+2.7%
Winnabow
-1.8%
Boiling Spring Lakes
-1.9%

Housing Supply in Winnabow, NC

How many homes are available in Winnabow, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7769-10.4%

Summary: The Winnabow real estate market had 69 homes for sale in November 2024, a 10.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 5043
-14.0%
4 1718
+5.9%
5+ 44
0.0%

Summary: The Winnabow 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 decreased by 33.3%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
167-56.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winnabow, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Winnabow in November 2024, down by 56.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Winnabow, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days35 Days+108.4%

Summary: Homes in Winnabow had an average of 35 days on market in Nov 2024, up by 108.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Winnabow; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% 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 21 Days Ago

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