Is Gloucester Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Gloucester Township was a Neutral Market.
Housing Prices in Gloucester Township, NC
How much do homes in Gloucester Township, NC cost?
Median Sold Price
$249,500
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Gloucester Township was $249,500 in June 2024, down 16.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $357K | +32.2% |
2 Bedrooms | $419.5K | $222K | -47.1% |
3 Bedrooms | $258K | $271.5K | +5.2% |
4 Bedrooms | $620.2K | $2.6M | +323.2% |
5+ Bedrooms | - | - | N/A |
Summary: Gloucester Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.2%, 2 bedroom homes decreased by 47.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 323.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lake Toxaway | $490.5K | $545.3K | +11.2% |
Gloucester Township | $300.2K | $249.5K | -16.9% |
Housing Supply in Gloucester Township, NC
How many homes are available in Gloucester Township, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Summary: The Gloucester Township real estate market had 8 homes for sale in June 2024, a 20.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gloucester Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Gloucester Township in June 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Gloucester Township, NC
How long does it take to sell a home in Gloucester Township, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
2 Days | 493 Days | +24587.5% |
Summary: Homes in Gloucester Township had an average of 493 days on market in Jun 2024, up by 24587.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 4 homes were sold in Gloucester Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.