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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethel is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bethel has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bethel, NC

How much do homes in Bethel, NC cost?

Median Sold Price

$212,500

$94/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$12,500(+6.3%)

Key Takeaway

Homes in Bethel have sold for 6.3% more than they did a month ago.

Summary: The median home sold price in Bethel was $212,500 in May 2024, up 6.3% from last month, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $200K$200K
0.0%
4 -$247.9K
N/A
5+ --
N/A

Summary: Bethel housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bethel
+6.3%
Bethel Township
+6.3%

Housing Supply in Bethel, NC

How many homes are available in Bethel, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
108-20.0%

Summary: The Bethel real estate market had 8 homes for sale in May 2024, a 20.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 85
-37.5%
4 22
0.0%
5+ 00
0.0%

Summary: The Bethel housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethel, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bethel in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Bethel, NC

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

Average Sale Time

Apr 2024May 2024CHANGE
73 Days27 Days-63.3%

Summary: Homes in Bethel had an average of 27 days on market in May 2024, down by 63.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 4 homes were sold in Bethel; 75% of homes were sold within 30 days, 25% 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 1 Day Ago

Newest Listings in Bethel, NC

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