Is Haw River, 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, Haw River has remained a Seller's Market.
Housing Prices in Haw River, NC
How much do homes in Haw River, NC cost?
Median Sold Price
$329,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Haw River was $329,000 in May 2024, down 1.7% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $130K | N/A |
2 Bedrooms | $238.5K | $178.5K | -25.2% |
3 Bedrooms | $278K | $279.9K | +0.7% |
4 Bedrooms | $375K | $350.2K | -6.6% |
5+ Bedrooms | $346K | $365.7K | +5.7% |
Summary: Haw River 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 25.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
Haw River | $334.7K | $329K | -1.7% |
Burlington | $270K | $264.9K | -1.9% |
Graham | $339.6K | $329K | -3.1% |
Housing Supply in Haw River, NC
How many homes are available in Haw River, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
54 | 51 | -5.6% |
Summary: The Haw River real estate market had 51 homes for sale in May 2024, a 5.6% 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 | 4 | 2 | -50.0% |
3 Bedrooms | 19 | 21 | +10.5% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Haw River 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 50%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 20 | +81.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Haw River in May 2024, up by 81.8% month-over-month. Of the 20 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.
Days on Market for Haw River, NC
How long does it take to sell a home in Haw River, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 70 Days | +99.8% |
Summary: Homes in Haw River had an average of 70 days on market in May 2024, up by 99.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 20 homes were sold in Haw River; 50% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.