Is Great Swamp Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Great Swamp Township has remained a Seller's Market.
Key Takeaway
Great Swamp Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Great Swamp Township, NC
How much do homes in Great Swamp Township, NC cost?
Median Sold Price
$299,900
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Great Swamp Township have sold for 25% more than they did a year ago.
Summary: The median home sold price in Great Swamp Township was $299,900 in March 2024, up 25% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $185K | -11.9% |
| 3 Bedrooms | $239.9K | $271.4K | +13.1% |
| 4 Bedrooms | $323.5K | $400K | +23.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Great Swamp 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 decreased by 11.9%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 23.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Great Swamp Township | $239.9K | $299.9K | +25.0% |
| Buck Swamp Township | $289.9K | $310K | +6.9% |
| Nahunta Township | $247.5K | $235K | -5.1% |
Housing Supply in Great Swamp Township, NC
How many homes are available in Great Swamp Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Great Swamp Township real estate market had 6 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Great Swamp 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Great Swamp Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Great Swamp Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Great Swamp Township, NC
How long does it take to sell a home in Great Swamp Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 71 Days | +32.4% |
Summary: Homes in Great Swamp Township had an average of 71 days on market in Mar 2024, up by 32.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Great Swamp Township has remained consistent over time.
Summary: During March 2024, 2 homes were sold in Great Swamp Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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