Is Eastover, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$1,475,000
$432/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Eastover have sold for 26.9% more than they did a year ago.
Summary: The median home sold price in Eastover was $1,475,000 in April 2024, up 26.9% from last year, and the median price per square foot was $432.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $224K | -4.7% |
| 2 Bedrooms | $314.8K | $345K | +9.6% |
| 3 Bedrooms | $1.2M | $2.0M | +64.4% |
| 4 Bedrooms | $1.6M | $2.0M | +24.3% |
| 5+ Bedrooms | $2.8M | $2.8M | +1.0% |
Summary: Eastover housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 64.4%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 1%.
Housing Supply in Eastover, NC
How many homes are available in Eastover, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 51 | +15.9% |
Summary: The Eastover real estate market had 51 homes for sale in April 2024, a 15.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Eastover housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 18 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastover, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Eastover in April 2024, up by 100.0% month-over-month. Of the 18 sold homes, 28% were sold under asking, 17% were sold at asking, and 56% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 29 Days | +217.4% |
Summary: Homes in Eastover had an average of 29 days on market in Apr 2024, up by 217.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eastover are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in Eastover; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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