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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Swansboro is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Swansboro, VA

How much do homes in Swansboro, VA cost?

Median Sold Price

$322,875

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$67,875(+26.6%)

Key Takeaway

Homes in Swansboro have sold for 26.6% more than they did a year ago.

Summary: The median home sold price in Swansboro was $322,875 in October 2024, up 26.6% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $190K$225K
+18.4%
3 $275.4K$355K
+28.9%
4 $240.2K$359.9K
+49.8%
5+ -$233.5K
N/A

Summary: Swansboro 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 increased by 18.4%, 3 bedroom homes increased by 28.9%, 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

Sep 2024Oct 2024CHANGE
3126-16.1%

Summary: The Swansboro real estate market had 26 homes for sale in October 2024, a 16.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2722
-18.5%
4 22
0.0%
5+ 00
0.0%

Summary: The Swansboro 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 remained the same, 3 bedroom homes decreased by 18.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
91-88.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Swansboro, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Swansboro in October 2024, down by 88.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Oct 2023Oct 2024CHANGE
70 Days5 Days-92.9%

Summary: Homes in Swansboro had an average of 5 days on market in Oct 2024, down by 92.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 1 homes were sold in Swansboro; 100% of homes were sold within 30 days, 0% 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 22 Days Ago

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