Is Granville County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Granville County has remained a Seller's Market.
Housing Prices in Granville County, NC
How much do homes in Granville County, NC cost?
Median Sold Price
$315,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Granville County was $315,000 in April 2024, down 1.1% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $88.5K | $185K | +109.0% |
2 Bedrooms | $202K | $208K | +3.0% |
3 Bedrooms | $296K | $305K | +3.0% |
4 Bedrooms | $400K | $385K | -3.8% |
5+ Bedrooms | $382K | $481.2K | +26.0% |
Summary: Granville County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 109%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 26%.
Median Sold Price Compared To Nearby Counties
Franklin County | $374.9K | $374.8K | 0% |
Granville County | $318.4K | $315K | -1.1% |
Vance County | $249.8K | $245K | -1.9% |
Housing Supply in Granville County, NC
How many homes are available in Granville County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 93 | +13.4% |
Summary: The Granville County real estate market had 93 homes for sale in April 2024, a 13.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 50 | 55 | +10.0% |
4 Bedrooms | 26 | 29 | +11.5% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Granville County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 25 | +66.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Granville County in April 2024, up by 66.7% month-over-month. Of the 25 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
95 Days | 25 Days | -73.1% |
Summary: Homes in Granville County had an average of 25 days on market in Apr 2024, down by 73.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Granville County; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.