Is Scotland County, 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, Scotland County has remained a Seller's Market.
Housing Prices in Scotland County, NC
How much do homes in Scotland County, NC cost?
Median Sold Price
$169,333
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Scotland County was $169,333 in April 2024, down 9.9% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $38K | - | N/A |
2 Bedrooms | $75K | $91.7K | +22.3% |
3 Bedrooms | $169K | $169.5K | 0.3% |
4 Bedrooms | $320.5K | $272.5K | -15.0% |
5+ Bedrooms | $294.9K | $240K | -18.6% |
Summary: Scotland County 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 22.3%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 18.6%.
Median Sold Price Compared To Nearby Counties
Robeson County | $188.3K | $205K | +8.9% |
Hoke County | $265K | $281.9K | +6.4% |
Richmond County | $157.6K | $165K | +4.7% |
Scotland County | $187.9K | $169.3K | -9.9% |
Housing Supply in Scotland County, NC
How many homes are available in Scotland County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 74 | +4.2% |
Summary: The Scotland County real estate market had 74 homes for sale in April 2024, a 4.2% 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 | 15 | 17 | +13.3% |
3 Bedrooms | 36 | 39 | +8.3% |
4 Bedrooms | 18 | 17 | -5.6% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Scotland County 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 13.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Scotland County in April 2024, up by 11.8% month-over-month. Of the 19 sold homes, 68% were sold under asking, 5% were sold at asking, and 26% were sold over asking.
Days on Market for Scotland County, NC
How long does it take to sell a home in Scotland County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 18 Days | -71.0% |
Summary: Homes in Scotland County had an average of 18 days on market in Apr 2024, down by 71% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Scotland County; 74% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.