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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grantham Township is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Grantham Township, NC

How much do homes in Grantham Township, NC cost?

Median Sold Price

$325,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$115,000(+54.8%)

Key Takeaway

Homes in Grantham Township have sold for 54.8% more than they did a year ago.

Summary: The median home sold price in Grantham Township was $325,000 in March 2024, up 54.8% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $25K$272K
+988.0%
3 $180K$307.5K
+70.8%
4 $299K$95K
-68.2%
5+ $359.9K$524.8K
+45.8%

Summary: Grantham Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 988%, 3 bedroom homes increased by 70.8%, 4 bedroom homes decreased by 68.2%, and 5+ bedroom homes increased by 45.8%.

Median Sold Price Compared To Nearby Cities

Grantham Township
+54.8%
Dudley
+21.8%
Brogden Township
+16.5%
Fork Township
-2.7%

Housing Supply in Grantham Township, NC

How many homes are available in Grantham Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1415+7.1%

Summary: The Grantham Township real estate market had 15 homes for sale in March 2024, a 7.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1011
+10.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Grantham Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were 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 Grantham Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Grantham Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Grantham Township, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
5 Days102 Days+1950.0%

Summary: Homes in Grantham Township had an average of 102 days on market in Mar 2024, up by 1950% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Grantham Township has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Grantham 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Grantham Township, NC

Nearby Markets to Grantham Township, NC

What housing markets are near Grantham Township, NC?