Is Eastover, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eastover is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Eastover has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Eastover, NC

How much do homes in Eastover, NC cost?

Median Sold Price

$269,500

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$10,500(-3.8%)

Key Takeaway

Homes in Eastover have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in Eastover was $269,500 in March 2024, down 3.8% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $75K$214K
+185.3%
3 $252K$260K
+3.2%
4 $312.5K$300K
-4.0%
5+ $390.5K$450K
+15.2%

Summary: Eastover housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 185.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 15.2%.

Median Sold Price Compared To Nearby Cities

Eastover
-3.8%
Eastover Township
-4.0%

Housing Supply in Eastover, NC

How many homes are available in Eastover, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
990.0%

Summary: The Eastover real estate market had 9 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 56
+20.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Eastover housing inventory by bedroom type for March 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 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eastover, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Eastover in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Eastover, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
70 Days38 Days-46.3%

Summary: Homes in Eastover had an average of 38 days on market in Mar 2024, down by 46.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in Eastover are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Eastover; 50% of homes were sold within 30 days, 50% 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 25 Days Ago

Newest Listings in Eastover, NC

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