Is Kenansville Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenansville Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Kenansville Township was a Neutral Market.

Key Takeaway

Kenansville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kenansville Township, NC

How much do homes in Kenansville Township, NC cost?

Median Sold Price

$270,000

$141/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$20,100(+8.0%)

Key Takeaway

Homes in Kenansville Township have sold for 8% more than they did a month ago.

Summary: The median home sold price in Kenansville Township was $270,000 in May 2024, up 8% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $249.9K-
N/A
3 -$270K
N/A
4 --
N/A
5+ --
N/A

Summary: Kenansville Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Smith Township
+123.8%
Kenansville Township
+8.0%
Kenansville
+8.0%
Warsaw Township
-34.6%

Housing Supply in Kenansville Township, NC

How many homes are available in Kenansville Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
65-16.7%

Summary: The Kenansville Township real estate market had 5 homes for sale in May 2024, a 16.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 10
-100.0%
3 21
-50.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Kenansville Township 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 decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenansville Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Kenansville Township in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kenansville Township, NC

How long does it take to sell a home in Kenansville Township, NC?

Average Sale Time

Apr 2024May 2024CHANGE
38 Days52 Days+36.8%

Summary: Homes in Kenansville Township had an average of 52 days on market in May 2024, up by 36.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kenansville Township has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Kenansville Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Kenansville Township, NC

Nearby Markets to Kenansville Township, NC

What housing markets are near Kenansville Township, NC?