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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aberdeen is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

+$5,450(+1.4%)

Key Takeaway

Homes in Aberdeen have sold for 1.4% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 -$425K
N/A
2 $244K$310K
+27.0%
3 $302.5K$329K
+8.8%
4 $430K$425K
-1.2%
5+ $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
+10.5%
Pinehurst
+5.2%
Aberdeen
+1.4%

Housing Supply in Aberdeen, NC

How many homes are available in Aberdeen, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
10285-16.7%

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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 3631
-13.9%
4 4637
-19.6%
5+ 1210
-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 2024May 2024CHANGE
3525-28.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aberdeen, expect to pay close to the asking price. 56% of homes here sold near the asking price last month.

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 2023May 2024CHANGE
56 Days30 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Aberdeen, NC

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