Is Arthur 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, Arthur Township has remained a Seller's Market.
Key Takeaway
Arthur Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arthur Township, NC
How much do homes in Arthur Township, NC cost?
Median Sold Price
$240,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Arthur Township have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Arthur Township was $240,000 in May 2024, up 6.7% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $155K | $165K | +6.5% |
| 3 Bedrooms | $230K | $241K | +4.8% |
| 4 Bedrooms | $240K | $259K | +7.9% |
| 5+ Bedrooms | $280K | $325.5K | +16.3% |
Summary: Arthur 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 6.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 16.3%.
Median Sold Price Compared To Nearby Cities
| Farmville Township | $214.5K | $240K | +11.9% |
| Arthur Township | $225K | $240K | +6.7% |
| Greenville | $254.7K | $260.3K | +2.2% |
| Winterville Township | $284.1K | $290K | +2.0% |
| Falkland Township | $499K | $435K | -12.8% |
Housing Supply in Arthur Township, NC
How many homes are available in Arthur Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 49 | 46 | -6.1% |
Summary: The Arthur Township real estate market had 46 homes for sale in May 2024, a 6.1% 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 | 11 | 9 | -18.2% |
| 3 Bedrooms | 31 | 30 | -3.2% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Arthur 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 decreased by 18.2%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 16 | +77.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arthur Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Arthur Township in May 2024, up by 77.8% month-over-month. Of the 16 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Arthur Township, NC
How long does it take to sell a home in Arthur Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 27 Days | +210.4% |
Summary: Homes in Arthur Township had an average of 27 days on market in May 2024, up by 210.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Arthur Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 16 homes were sold in Arthur Township; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
