Is Little River 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, Little River Township has remained a Seller's Market.
Key Takeaway
Little River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Little River Township, NC
How much do homes in Little River Township, NC cost?
Median Sold Price
$349,990
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Little River Township has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | - | N/A |
| 2 Bedrooms | $189.9K | $258.5K | +36.1% |
| 3 Bedrooms | $329.9K | $320K | -3.0% |
| 4 Bedrooms | $390.4K | $364.9K | -6.5% |
| 5+ Bedrooms | $417.9K | $466.9K | +11.7% |
Summary: Little River 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 36.1%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 11.7%.
Median Sold Price Compared To Nearby Cities
| Dunn Township | $270.5K | $287.4K | +6.3% |
| Little River Township | $349.9K | $349.9K | 0% |
| Zebulon | $354.2K | $352.6K | -0.4% |
| Marks Creek Township | $403K | $401K | -0.5% |
| Harris Township | $369.9K | $364.4K | -1.5% |
Housing Supply in Little River Township, NC
How many homes are available in Little River Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 130 | 114 | -12.3% |
Summary: The Little River Township real estate market had 114 homes for sale in May 2024, a 12.3% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 86 | 77 | -10.5% |
| 4 Bedrooms | 36 | 29 | -19.4% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Little River 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 increased by 50%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 23 | -25.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Little River Township, expect to pay close to the asking price. 69.6% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in Little River Township in May 2024, down by 25.8% month-over-month. Of the 23 sold homes, 26% were sold under asking, 70% were sold at asking, and 4% were sold over asking.
Days on Market for Little River Township, NC
How long does it take to sell a home in Little River Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 140 Days | 23 Days | -83.2% |
Summary: Homes in Little River Township had an average of 23 days on market in May 2024, down by 83.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Little River Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 23 homes were sold in Little River Township; 74% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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