Is Granville County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granville County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Granville County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Granville County, NC

How much do homes in Granville County, NC cost?

Median Sold Price

$314,995

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,183(-1.6%)

Key Takeaway

Homes in Granville County have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Granville County was $314,995 in March 2024, down 1.6% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $127K$50K
-60.6%
2 $198.5K$208K
+4.8%
3 $298.5K$305K
+2.2%
4 $400K$385K
-3.8%
5+ $383.5K$460K
+19.9%

Summary: Granville County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60.6%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 19.9%.

Median Sold Price Compared To Nearby Counties

Vance County
0.3%
Franklin County
-0.9%
Granville County
-1.6%

Housing Supply in Granville County, NC

How many homes are available in Granville County, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8985-4.5%

Summary: The Granville County real estate market had 85 homes for sale in March 2024, a 4.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 83
-62.5%
3 5150
-2.0%
4 2228
+27.3%
5+ 63
-50.0%

Summary: The Granville County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 62.5%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2615-42.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granville County, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Granville County in March 2024, down by 42.3% month-over-month. Of the 15 sold homes, 47% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for Granville County, NC

How long does it take to sell a home in Granville County, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
86 Days82 Days-4.2%

Summary: Homes in Granville County had an average of 82 days on market in Mar 2024, down by 4.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 15 homes were sold in Granville County; 33% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 40% 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 Granville County, NC

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