Is Winnabow, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winnabow is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Winnabow has remained a Seller's Market.

Key Takeaway

Winnabow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Winnabow, NC

How much do homes in Winnabow, NC cost?

Median Sold Price

$349,750

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,250(-1.5%)

Key Takeaway

Homes in Winnabow have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Winnabow was $349,750 in May 2024, down 1.5% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $277.5K$274.2K
-1.2%
3 $344.7K$343.7K
-0.3%
4 $422K$427K
+1.2%
5+ $425K$420K
-1.2%

Summary: Winnabow 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 1.2%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Cities

Smithville Township
+12.6%
Federal Point Township
+10.5%
Town Creek Township
+7.1%
Boiling Spring Lakes
+3.3%
Winnabow
-1.5%

Housing Supply in Winnabow, NC

How many homes are available in Winnabow, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6980+15.9%

Summary: The Winnabow real estate market had 80 homes for sale in May 2024, a 15.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 610
+66.7%
3 4244
+4.8%
4 1820
+11.1%
5+ 36
+100.0%

Summary: The Winnabow 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 66.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1314+7.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winnabow, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in Winnabow in May 2024, up by 7.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 57% were sold at asking, and 7% were sold over asking.

Days on Market for Winnabow, NC

How long does it take to sell a home in Winnabow, NC?

Average Sale Time

May 2023May 2024CHANGE
32 Days49 Days+54.0%

Summary: Homes in Winnabow had an average of 49 days on market in May 2024, up by 54% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Winnabow has remained consistent over time.

Summary: During May 2024, 14 homes were sold in Winnabow; 36% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Winnabow, NC

Nearby Markets to Winnabow, NC

What housing markets are near Winnabow, NC?