Is Granville County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$312,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Granville County have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Granville County was $312,000 in June 2024, down 2.4% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $185K | +270.0% |
| 2 Bedrooms | $215.5K | $208K | -3.5% |
| 3 Bedrooms | $300K | $305K | +1.7% |
| 4 Bedrooms | $405K | $385.5K | -4.8% |
| 5+ Bedrooms | $375K | $442.4K | +18.0% |
Summary: Granville County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 270%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 18%.
Median Sold Price Compared To Nearby Counties
| Mecklenburg County | $269K | $315K | +17.1% |
| Vance County | $239.9K | $250K | +4.2% |
| Franklin County | $378.3K | $371.6K | -1.8% |
| Granville County | $319.7K | $312K | -2.4% |
Housing Supply in Granville County, NC
How many homes are available in Granville County, NC?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 104 | 95 | -8.7% |
Summary: The Granville County real estate market had 95 homes for sale in June 2024, a 8.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 58 | 52 | -10.3% |
| 4 Bedrooms | 33 | 26 | -21.2% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Granville County 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 increased by 12.5%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 34 | 23 | -32.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granville County, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Granville County in June 2024, down by 32.4% month-over-month. Of the 23 sold homes, 43% were sold under asking, 30% were sold at asking, and 26% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 68 Days | 38 Days | -43.0% |
Summary: Homes in Granville County had an average of 38 days on market in Jun 2024, down by 43% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Granville County are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 23 homes were sold in Granville County; 61% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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