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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ellendale Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Ellendale Township has remained a Buyer's Market.

Key Takeaway

Ellendale Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ellendale Township, NC

How much do homes in Ellendale Township, NC cost?

Median Sold Price

$155,000

$107/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$72,900(-32.0%)

Key Takeaway

Homes in Ellendale Township have sold for 32% less than they did a month ago.

Summary: The median home sold price in Ellendale Township was $155,000 in November 2024, down 32% from last month, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $227.9K$155K
-32.0%
4 --
N/A
5+ --
N/A

Summary: Ellendale Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 32%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ellendale Township, NC

How many homes are available in Ellendale Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109-10.0%

Summary: The Ellendale Township real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 54
-20.0%
4 22
0.0%
5+ 22
0.0%

Summary: The Ellendale Township housing inventory by bedroom type for November 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ellendale Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Ellendale Township in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ellendale Township, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
83 Days127 Days+53.0%

Summary: Homes in Ellendale Township had an average of 127 days on market in Nov 2024, up by 53% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Ellendale Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Ellendale Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 3 Days Ago

Newest Listings in Ellendale Township, NC

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What housing markets are near Ellendale Township, NC?