Is Halifax County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Halifax County is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Halifax County was a Seller's Market.

Key Takeaway

Halifax County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Halifax County, NC

How much do homes in Halifax County, NC cost?

Median Sold Price

$137,250

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$35,250(-20.4%)

Key Takeaway

Homes in Halifax County have sold for 20.4% less than they did a year ago.

Summary: The median home sold price in Halifax County was $137,250 in April 2024, down 20.4% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $15K-
N/A
2 $52K$50K
-3.8%
3 $183.2K$152.5K
-16.8%
4 $262.2K$267.5K
+2.0%
5+ $208.7K$75K
-64.1%

Summary: Halifax 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 decreased by 3.8%, 3 bedroom homes decreased by 16.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 64.1%.

Median Sold Price Compared To Nearby Counties

Nash County
+5.1%
Edgecombe County
+1.9%
Halifax County
-20.4%

Housing Supply in Halifax County, NC

How many homes are available in Halifax County, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5056+12.0%

Summary: The Halifax County real estate market had 56 homes for sale in April 2024, a 12.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 99
0.0%
3 2329
+26.1%
4 1312
-7.7%
5+ 56
+20.0%

Summary: The Halifax 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 remained the same, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Halifax County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Halifax County in April 2024, up by 125.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Halifax County, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
184 Days84 Days-54.3%

Summary: Homes in Halifax County had an average of 84 days on market in Apr 2024, down by 54.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 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 Halifax County has remained consistent over time.

Summary: During April 2024, 9 homes were sold in Halifax County; 22% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 11% 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 28 Days Ago

Newest Listings in Halifax County, NC

Nearby Markets to Halifax County, NC

What housing markets are near Halifax County, NC?