Is Chocowinity, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
At the same time last year, Chocowinity was a Neutral Market.
Key Takeaway
Chocowinity is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Chocowinity, NC cost?
Median Sold Price
$492,250
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$77,300(+18.6%)
Key Takeaway
Homes in Chocowinity have sold for 18.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $180K | N/A |
| 3 Bedrooms | $389K | $454.5K | +16.8% |
| 4 Bedrooms | $560K | $540K | -3.6% |
| 5+ Bedrooms | $304.9K | - | N/A |
Median Sold Price Compared To Nearby Cities
| Chocowinity | $414.9K | $492.2K | +18.6% |
| Chocowinity Township | $395.6K | $412.5K | +4.3% |
How many homes are available in Chocowinity, NC?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 19 | 18 | -5.3% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chocowinity, you may be able to get a good deal. 50% of homes here sold below asking price last month.
How long does it take to sell a home in Chocowinity, NC?
How long does it take to sell a home in Chocowinity, NC?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 2 Days | 40 Days | +1933.3% |
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chocowinity are selling fast, if you're buying plan to act quickly.
