Is Swansboro, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Swansboro is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Swansboro has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Swansboro, VA

How much do homes in Swansboro, VA cost?

Median Sold Price

$320,750

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$68,250(+27.0%)

Key Takeaway

Homes in Swansboro have sold for 27% more than they did a year ago.

Summary: The median home sold price in Swansboro was $320,750 in September 2024, up 27% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $190K$225K
+18.4%
3 $275.9K$348.7K
+26.4%
4 $240.2K$359.9K
+49.8%
5+ -$233.5K
N/A

Summary: Swansboro housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 49.8%, and 5+ bedroom homes did not change.

Housing Supply in Swansboro, VA

How many homes are available in Swansboro, VA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2333+43.5%

Summary: The Swansboro real estate market had 33 homes for sale in September 2024, a 43.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2028
+40.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Swansboro housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Swansboro, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Swansboro in September 2024, up by 125.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Swansboro, VA

How long does it take to sell a home in Swansboro, VA?

Average Sale Time

Sep 2023Sep 2024CHANGE
103 Days28 Days-72.0%

Summary: Homes in Swansboro had an average of 28 days on market in Sep 2024, down by 72% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 9 homes were sold in Swansboro; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% 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 29 Days Ago

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