Is Eastover, 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, Eastover has remained a Seller's Market.
Key Takeaway
Eastover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastover, NC
How much do homes in Eastover, NC cost?
Median Sold Price
$1,587,500
$500/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eastover have sold for 38% more than they did a year ago.
Summary: The median home sold price in Eastover was $1,587,500 in May 2024, up 38% from last year, and the median price per square foot was $500.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217K | $225.7K | +4.0% |
| 2 Bedrooms | $320.2K | $315K | -1.6% |
| 3 Bedrooms | $1.2M | $2.1M | +71.6% |
| 4 Bedrooms | $1.6M | $2.0M | +27.7% |
| 5+ Bedrooms | $2.8M | $2.8M | -0.9% |
Summary: Eastover housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 71.6%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes decreased by 0.9%.
Housing Supply in Eastover, NC
How many homes are available in Eastover, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 | 52 | -8.8% |
Summary: The Eastover real estate market had 52 homes for sale in May 2024, a 8.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 21 | 14 | -33.3% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Eastover housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 14 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastover, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Eastover in May 2024, down by 33.3% month-over-month. Of the 14 sold homes, 21% were sold under asking, 14% were sold at asking, and 64% were sold over asking.
Days on Market for Eastover, NC
How long does it take to sell a home in Eastover, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 61 Days | +106.4% |
Summary: Homes in Eastover had an average of 61 days on market in May 2024, up by 106.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eastover are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 14 homes were sold in Eastover; 71% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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