Waxhaw vs. Millbridge – Which Market is Right for You?
Waxhaw vs. Millbridge: Where Should You Buy or Sell in 2025?
The February 2025 real estate market report for Waxhaw, NC, is here, and it’s showing some major shifts. However, not all neighborhoods are reacting the same way. The Millbridge neighborhood is standing out as a strong market compared to Waxhaw overall.
So, whether you're buying, selling, or just keeping an eye on market trends, here’s what you need to know.
How the Waxhaw Market is Changing
📉 Prices Are Dropping – The median sales price in Waxhaw fell 13.3% year-over-year to $601,564. This is good news for buyers looking for a deal but means sellers need to be strategic.
⏳ Homes Are Taking Longer to Sell – The average home in Waxhaw is spending 61 days on the market (+24.5% from last year), meaning buyers have more time to negotiate.
🏡 More Inventory Available – Listings have jumped 74%, giving buyers more options. This shift toward a buyer’s market means negotiation power is growing.
Why Millbridge is Standing Strong
✅ Homes Are Selling Faster – Millbridge homes are closing in just 48 days on average, much faster than Waxhaw overall.
✅ Prices Are More Stable – Recent closed sales in Millbridge had a median price of $522,500, which is lower than Waxhaw’s median but more stable in terms of pricing trends.
✅ Sellers Are Getting 99% of List Price – Unlike Waxhaw overall, where sellers are seeing price reductions, Millbridge homes are closing close to their asking price.
What This Means for Buyers and Sellers
🏡 For Buyers:
If you’re looking for more negotiation power, Waxhaw overall has more price flexibility.
If you want a high-demand neighborhood, Millbridge is still competitive, meaning you may need to act quickly.
📉 For Sellers:
In Waxhaw overall, homes must be priced competitively or they’ll sit on the market longer.
In Millbridge, demand is still strong, meaning sellers have less risk of major price cuts.
Is Now the Right Time to Buy or Sell in Waxhaw or Millbridge?
If you’ve been waiting for the right time to make a move, now is a great time to evaluate your options. Millbridge remains a sought-after neighborhood, while Waxhaw’s overall market shift presents new opportunities for buyers.
📩 Let’s discuss your goals and create a strategy for buying or selling in this market! Contact me today.