Is Supply, 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, Supply was a Seller's Market.
Housing Prices in Supply, NC
How much do homes in Supply, NC cost?
Median Sold Price
$550,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Supply was $550,000 in May 2024, up 27.7% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $315K | N/A |
2 Bedrooms | $371K | $369.5K | -0.4% |
3 Bedrooms | $380K | $412K | +8.4% |
4 Bedrooms | $745K | $745K | 0.0% |
5+ Bedrooms | $1.6M | $1.3M | -15.6% |
Summary: Supply 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 0.4%, 3 bedroom homes increased by 8.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 15.6%.
Median Sold Price Compared To Nearby Cities
Supply | $430.6K | $550K | +27.7% |
Lockwoods Folly Township | $399.4K | $483.4K | +21.0% |
Shallotte | $316.5K | $334.9K | +5.8% |
Holden Beach | $855K | $890K | +4.1% |
Housing Supply in Supply, NC
How many homes are available in Supply, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
153 | 153 | 0.0% |
Summary: The Supply real estate market had 153 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 84 | 87 | +3.6% |
4 Bedrooms | 51 | 47 | -7.8% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Supply 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 decreased by 11.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 25 | -7.4% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Supply in May 2024, down by 7.4% month-over-month. Of the 25 sold homes, 72% were sold under asking, 16% were sold at asking, and 12% were sold over asking.
Days on Market for Supply, NC
How long does it take to sell a home in Supply, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
58 Days | 75 Days | +30.0% |
Summary: Homes in Supply had an average of 75 days on market in May 2024, up by 30% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 25 homes were sold in Supply; 32% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.