Is Grimesland 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, Grimesland Township has remained a Seller's Market.
Housing Prices in Grimesland Township, NC
How much do homes in Grimesland Township, NC cost?
Median Sold Price
$302,990
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Grimesland Township was $302,990 in May 2024, down 2.4% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $170K | N/A |
2 Bedrooms | $126K | $220K | +74.6% |
3 Bedrooms | $275K | $290K | +5.5% |
4 Bedrooms | $390K | $433.2K | +11.1% |
5+ Bedrooms | $353.7K | $323.4K | -8.6% |
Summary: Grimesland 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 74.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Cities
Pactolus Township | $159K | $265K | +66.7% |
Grimesland Township | $310.3K | $302.9K | -2.4% |
Chicod Township | $336.4K | $317K | -5.8% |
Grimesland | $340K | $295.4K | -13.1% |
Housing Supply in Grimesland Township, NC
How many homes are available in Grimesland Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
69 | 70 | +1.4% |
Summary: The Grimesland Township real estate market had 70 homes for sale in May 2024, a 1.4% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 53 | 54 | +1.9% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Grimesland 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 1.9%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 21 | +31.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Grimesland Township in May 2024, up by 31.3% month-over-month. Of the 21 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Grimesland Township, NC
How long does it take to sell a home in Grimesland Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
63 Days | 41 Days | -35.5% |
Summary: Homes in Grimesland Township had an average of 41 days on market in May 2024, down by 35.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Grimesland Township; 62% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.