Is Swansboro, 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, 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, NC
How much do homes in Swansboro, NC cost?
Median Sold Price
$400,750
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Swansboro have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in Swansboro was $400,750 in May 2024, up 15.6% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $260K | N/A |
| 2 Bedrooms | $220K | $246.2K | +11.9% |
| 3 Bedrooms | $348K | $364K | +4.6% |
| 4 Bedrooms | $414.9K | $515K | +24.1% |
| 5+ Bedrooms | $455.2K | $470K | +3.3% |
Summary: Swansboro 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 11.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
| White Oak Township | $477.1K | $601K | +26.0% |
| Swansboro | $346.5K | $400.7K | +15.6% |
| Cape Carteret | $395K | $438K | +10.9% |
| Stella | $360K | $387.7K | +7.7% |
Housing Supply in Swansboro, NC
How many homes are available in Swansboro, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 113 | 128 | +13.3% |
Summary: The Swansboro real estate market had 128 homes for sale in May 2024, a 13.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 51 | 58 | +13.7% |
| 4 Bedrooms | 41 | 46 | +12.2% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Swansboro 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 increased by 33.3%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 31 | +93.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swansboro, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Swansboro in May 2024, up by 93.8% month-over-month. Of the 31 sold homes, 52% were sold under asking, 23% were sold at asking, and 26% were sold over asking.
Days on Market for Swansboro, NC
How long does it take to sell a home in Swansboro, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 22 Days | 34 Days | +57.1% |
Summary: Homes in Swansboro had an average of 34 days on market in May 2024, up by 57.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Swansboro are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 31 homes were sold in Swansboro; 58% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
