Is Aberdeen, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Aberdeen has remained a Seller's Market.
Housing Prices in Aberdeen, NC
How much do homes in Aberdeen, NC cost?
Median Sold Price
$385,450
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Aberdeen was $385,450 in May 2024, up 1.4% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $425K | N/A |
2 Bedrooms | $244K | $310K | +27.0% |
3 Bedrooms | $302.5K | $329K | +8.8% |
4 Bedrooms | $430K | $425K | -1.2% |
5+ Bedrooms | $470K | $525K | +11.7% |
Summary: Aberdeen housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 11.7%.
Median Sold Price Compared To Nearby Cities
Southern Pines | $475K | $525K | +10.5% |
Pinehurst | $484.7K | $510K | +5.2% |
Aberdeen | $380K | $385.4K | +1.4% |
Housing Supply in Aberdeen, NC
How many homes are available in Aberdeen, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
102 | 85 | -16.7% |
Summary: The Aberdeen real estate market had 85 homes for sale in May 2024, a 16.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 36 | 31 | -13.9% |
4 Bedrooms | 46 | 37 | -19.6% |
5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Aberdeen housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 25 | -28.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Aberdeen in May 2024, down by 28.6% month-over-month. Of the 25 sold homes, 28% were sold under asking, 56% were sold at asking, and 16% were sold over asking.
Days on Market for Aberdeen, NC
How long does it take to sell a home in Aberdeen, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 30 Days | -46.7% |
Summary: Homes in Aberdeen had an average of 30 days on market in May 2024, down by 46.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 25 homes were sold in Aberdeen; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.