Is Belvoir 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, Belvoir Township has remained a Seller's Market.
Key Takeaway
Belvoir Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belvoir Township, NC
How much do homes in Belvoir Township, NC cost?
Median Sold Price
$219,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Belvoir Township have sold for 4.8% less than they did a year ago.
Summary: The median home sold price in Belvoir Township was $219,000 in May 2024, down 4.8% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $140K | -42.9% |
| 3 Bedrooms | $207.5K | $179.9K | -13.3% |
| 4 Bedrooms | $287.5K | $309.9K | +7.8% |
| 5+ Bedrooms | $301.2K | $374.9K | +24.4% |
Summary: Belvoir 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 decreased by 42.9%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 24.4%.
Median Sold Price Compared To Nearby Cities
| Greenville Township | $250K | $255.7K | +2.3% |
| Greenville | $254.7K | $260.3K | +2.2% |
| Belvoir Township | $230K | $219K | -4.8% |
| Falkland Township | $499K | $435K | -12.8% |
Housing Supply in Belvoir Township, NC
How many homes are available in Belvoir Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Belvoir Township real estate market had 14 homes for sale in May 2024, a 12.5% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Belvoir 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Belvoir Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Belvoir Township in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Belvoir Township, NC
How long does it take to sell a home in Belvoir Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 109 Days | 27 Days | -74.7% |
Summary: Homes in Belvoir Township had an average of 27 days on market in May 2024, down by 74.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belvoir Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Belvoir Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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