Is Midway Park, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Midway Park has remained a Seller's Market.
Key Takeaway
Midway Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Midway Park, NC
How much do homes in Midway Park, NC cost?
Median Sold Price
$299,995
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Midway Park have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Midway Park was $299,995 in April 2024, up 6.1% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127.2K | $135K | +6.1% |
| 3 Bedrooms | $220K | $247K | +12.3% |
| 4 Bedrooms | $335.5K | $351K | +4.6% |
| 5+ Bedrooms | $415K | $412.5K | -0.6% |
Summary: Midway Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Cities
| Hubert | $234.9K | $254.9K | +8.5% |
| Midway Park | $282.7K | $299.9K | +6.1% |
| Jacksonville Township | $235K | $245.1K | +4.3% |
| Jacksonville | $239.5K | $244.6K | +2.1% |
Housing Supply in Midway Park, NC
How many homes are available in Midway Park, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Summary: The Midway Park real estate market had 33 homes for sale in April 2024, a 13.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Midway Park housing inventory by bedroom type for April 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 15.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Midway Park, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Midway Park in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Midway Park, NC
How long does it take to sell a home in Midway Park, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 77 Days | +72.5% |
Summary: Homes in Midway Park had an average of 77 days on market in Apr 2024, up by 72.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Midway Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Midway Park; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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