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 November 2021

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.

How much do homes in Granville County, NC cost?

Median Sold Price

$300,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$47,800(+19.0%)

Key Takeaway

Homes in Granville County have sold for 19% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $168K$215K
+28.0%
3 $245K$280K
+14.3%
4 $307.7K$390K
+26.7%
5+ $331.2K$402.5K
+21.5%

Median Sold Price Compared To Nearby Counties

Franklin County
+22.6%
Granville County
+19.0%

How many homes are available in Granville County, NC?

Number of Homes For Sale

Oct 2022Nov 2022%
11698-15.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 611
+83.3%
3 7658
-23.7%
4 2624
-7.7%
5+ 85
-37.5%

Number of Homes Sold

Oct 2022Nov 2022%
3620-44.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 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. 63.2% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
7 Days29 Days+274.8%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Granville County are selling fast, if you're buying plan to act quickly.

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

About Granville County, NC

Granville County, NC has 98 homes for sale to choose from. In November 2022 in Granville County, NC there were 15.5% less homes for sale than in October 2022. Listings spent 29 days on the market in November 2022, and had a median list price of $300,000 during the same period. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 28%, 3 bedrooms properties became 14.3% more expensive, 4 bedrooms properties became 26.7% more expensive, prices of 5 bedrooms properties increased by 21.5%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 83.3%, number of 3 bedrooms homes decreased by 23.7%, volume of 4 bedrooms homes went down by 7.7%, number of 5 bedrooms homes decreased by 37.5%. Granville County, NC housing market in November 2022 saw over 4 listings sold above listed price, more than 3 sold at listed price and over 12 sold below.

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