Is Swepsonville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Swepsonville was a Seller's Market.
Key Takeaway
Swepsonville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Swepsonville, NC
How much do homes in Swepsonville, NC cost?
Median Sold Price
$379,595
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Swepsonville has remained the same since last year.
Summary: The median home sold price in Swepsonville was $379,595 in May 2024, down 0.1% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $265K | $176K | -33.6% |
| 3 Bedrooms | $385.8K | $356.1K | -7.7% |
| 4 Bedrooms | $379.9K | $384.2K | +1.1% |
| 5+ Bedrooms | $373.3K | $379.1K | +1.6% |
Summary: Swepsonville 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 decreased by 33.6%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 1.6%.
Housing Supply in Swepsonville, NC
How many homes are available in Swepsonville, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Summary: The Swepsonville real estate market had 11 homes for sale in May 2024, a 83.3% increase 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Swepsonville 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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swepsonville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Swepsonville in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Swepsonville, NC
How long does it take to sell a home in Swepsonville, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 34 Days | 81 Days | +133.1% |
Summary: Homes in Swepsonville had an average of 81 days on market in May 2024, up by 133.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Swepsonville has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Swepsonville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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