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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eastover Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Eastover Township, NC

How much do homes in Eastover Township, NC cost?

Median Sold Price

$308,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$17,000(-5.2%)

Key Takeaway

Homes in Eastover Township have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Eastover Township was $308,000 in May 2024, down 5.2% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $120K$85K
-29.2%
3 $278.5K$290K
+4.1%
4 $335K$339.5K
+1.3%
5+ $455K$439.9K
-3.3%

Summary: Eastover 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 decreased by 29.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 3.3%.

Median Sold Price Compared To Nearby Cities

Cedar Creek Township
+4.7%
Eastover
+1.8%
Wade
-2.7%
Eastover Township
-5.2%

Housing Supply in Eastover Township, NC

How many homes are available in Eastover Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6761-9.0%

Summary: The Eastover Township real estate market had 61 homes for sale in May 2024, a 9.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 3430
-11.8%
4 2827
-3.6%
5+ 32
-33.3%

Summary: The Eastover 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 remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1720+17.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 20 homes were sold or pending in Eastover Township in May 2024, up by 17.6% month-over-month. Of the 20 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for Eastover Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
147 Days20 Days-86.2%

Summary: Homes in Eastover Township had an average of 20 days on market in May 2024, down by 86.2% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 20 homes were sold in Eastover Township; 75% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 15% 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 18 Days Ago

Newest Listings in Eastover Township, NC

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What housing markets are near Eastover Township, NC?