Is Grimesland 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, Grimesland Township has remained a Seller's Market.
Housing Prices in Grimesland Township, NC
How much do homes in Grimesland Township, NC cost?
Median Sold Price
$307,500
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Grimesland Township was $307,500 in March 2024, up 0.7% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $170K | N/A |
2 Bedrooms | $128K | $220K | +71.9% |
3 Bedrooms | $272.5K | $290.1K | +6.5% |
4 Bedrooms | $382.5K | $430K | +12.4% |
5+ Bedrooms | $355K | $321.2K | -9.5% |
Summary: Grimesland 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 increased by 71.9%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 9.5%.
Median Sold Price Compared To Nearby Cities
Grimesland Township | $305.3K | $307.5K | +0.7% |
Chicod Township | $380K | $317K | -16.6% |
Housing Supply in Grimesland Township, NC
How many homes are available in Grimesland Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 61 | -10.3% |
Summary: The Grimesland Township real estate market had 61 homes for sale in March 2024, a 10.3% decrease 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 | 47 | 43 | -8.5% |
4 Bedrooms | 18 | 15 | -16.7% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Grimesland 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 decreased by 8.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 19 | +26.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Grimesland Township in March 2024, up by 26.7% month-over-month. Of the 19 sold homes, 26% were sold under asking, 21% were sold at asking, and 53% were sold over asking.
Days on Market for Grimesland Township, NC
How long does it take to sell a home in Grimesland Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
65 Days | 74 Days | +12.8% |
Summary: Homes in Grimesland Township had an average of 74 days on market in Mar 2024, up by 12.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in Grimesland Township; 47% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.