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 neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Eastover Township was a Seller's Market.

Key Takeaway

Eastover Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Eastover Township, NC

How much do homes in Eastover Township, NC cost?

Median Sold Price

$315,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$5,000(+1.6%)

Key Takeaway

Homes in Eastover Township have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Eastover Township was $315,000 in February 2024, up 1.6% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $96K$85K
-11.5%
3 $275K$289.5K
+5.3%
4 $324.9K$348K
+7.1%
5+ $425K$455K
+7.1%

Summary: Eastover Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 7.1%.

Median Sold Price Compared To Nearby Cities

Dismal Township
+7.4%
Cedar Creek Township
+6.0%
Eastover Township
+1.6%
Wade
+1.5%
Eastover
0.5%

Housing Supply in Eastover Township, NC

How many homes are available in Eastover Township, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5755-3.5%

Summary: The Eastover Township real estate market had 55 homes for sale in February 2024, a 3.5% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 2420
-16.7%
4 2626
0.0%
5+ 34
+33.3%

Summary: The Eastover Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eastover Township, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Eastover Township in February 2024, up by 14.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% 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

Feb 2023Feb 2024CHANGE
95 Days60 Days-37.1%

Summary: Homes in Eastover Township had an average of 60 days on market in Feb 2024, down by 37.1% compared to last year.

Breakdown of Home Sale Times

3 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 February 2024, 8 homes were sold in Eastover Township; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% 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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