Is Grimesland, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Grimesland has remained a Seller's Market.
Key Takeaway
Grimesland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grimesland, NC
How much do homes in Grimesland, NC cost?
Median Sold Price
$200,000
$120/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Grimesland have sold for 72.4% less than they did a month ago.
Summary: The median home sold price in Grimesland was $200,000 in March 2024, down 72.4% from last month, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $285K | - | N/A |
| 4 Bedrooms | $930K | $200K | -78.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Grimesland housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 78.5%, and 5+ bedroom homes did not change.
Housing Supply in Grimesland, NC
How many homes are available in Grimesland, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The Grimesland real estate market had 15 homes for sale in March 2024, a 16.7% 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 | 7 | 6 | -14.3% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grimesland 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 14.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grimesland, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Grimesland in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Grimesland, NC
How long does it take to sell a home in Grimesland, NC?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 69 Days | 8 Days | -88.0% |
Summary: Homes in Grimesland had an average of 8 days on market in Mar 2024, down by 88% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grimesland are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Grimesland; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
