Is Eno Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Eno Township was a Seller's Market.
Key Takeaway
Eno Township 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 Eno Township, NC
How much do homes in Eno Township, NC cost?
Median Sold Price
$700,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eno Township have sold for 18% more than they did a year ago.
Summary: The median home sold price in Eno Township was $700,000 in May 2024, up 18% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $289K | $337.5K | +16.8% |
| 3 Bedrooms | $452.5K | $536K | +18.5% |
| 4 Bedrooms | $720K | $797.5K | +10.8% |
| 5+ Bedrooms | $838.2K | $997.5K | +19.0% |
Summary: Eno 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 16.8%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 19%.
Median Sold Price Compared To Nearby Cities
| Eno Township | $593K | $700K | +18.0% |
| Hillsborough Township | $435K | $494K | +13.6% |
| Hillsborough | $440K | $496.8K | +12.9% |
| Lebanon Township | $394.7K | $425K | +7.7% |
| Little River Township | $439.9K | $393.5K | -10.5% |
Housing Supply in Eno Township, NC
How many homes are available in Eno Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Summary: The Eno Township real estate market had 26 homes for sale in May 2024, a 8.3% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Eno 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 decreased by 7.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eno Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Eno Township in May 2024, down by 60.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Eno Township, NC
How long does it take to sell a home in Eno Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 4 Days | -89.6% |
Summary: Homes in Eno Township had an average of 4 days on market in May 2024, down by 89.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eno Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Eno Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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