Is Swansboro Township, 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 Township has remained a Seller's Market.
Key Takeaway
Swansboro Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Swansboro Township, NC
How much do homes in Swansboro Township, NC cost?
Median Sold Price
$282,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Swansboro Township have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Swansboro Township was $282,000 in May 2024, up 7.4% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $198.6K | $235K | +18.3% |
| 3 Bedrooms | $245K | $260K | +6.1% |
| 4 Bedrooms | $365K | $435K | +19.2% |
| 5+ Bedrooms | $464.9K | $480K | +3.2% |
Summary: Swansboro Township 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 18.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 3.2%.
Housing Supply in Swansboro Township, NC
How many homes are available in Swansboro Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 238 | 227 | -4.6% |
Summary: The Swansboro Township real estate market had 227 homes for sale in May 2024, a 4.6% decrease 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 | 16 | 18 | +12.5% |
| 3 Bedrooms | 148 | 129 | -12.8% |
| 4 Bedrooms | 64 | 71 | +10.9% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Swansboro Township 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 12.5%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 53 | 63 | +18.9% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swansboro Township, you may be able to get a good deal. 39.7% of homes here sold below asking price last month.
Summary: A total of 63 homes were sold or pending in Swansboro Township in May 2024, up by 18.9% month-over-month. Of the 63 sold homes, 40% were sold under asking, 35% were sold at asking, and 25% were sold over asking.
Days on Market for Swansboro Township, NC
How long does it take to sell a home in Swansboro Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 27 Days | -6.5% |
Summary: Homes in Swansboro Township had an average of 27 days on market in May 2024, down by 6.5% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Swansboro Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 63 homes were sold in Swansboro Township; 75% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
