Is Little River Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little River Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Little River Township has remained a Seller's Market.

Key Takeaway

Little River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Little River Township, NC

How much do homes in Little River Township, NC cost?

Median Sold Price

$349,990

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$3(0%)

Key Takeaway

The sold price of homes in Little River Township has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $215K-
N/A
2 $189.9K$258.5K
+36.1%
3 $329.9K$320K
-3.0%
4 $390.4K$364.9K
-6.5%
5+ $417.9K$466.9K
+11.7%

Summary: Little River Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.1%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 11.7%.

Median Sold Price Compared To Nearby Cities

Dunn Township
+6.3%
Little River Township
0%
Zebulon
-0.4%
Marks Creek Township
-0.5%
Harris Township
-1.5%

Housing Supply in Little River Township, NC

How many homes are available in Little River Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
130114-12.3%

Summary: The Little River Township real estate market had 114 homes for sale in May 2024, a 12.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 8677
-10.5%
4 3629
-19.4%
5+ 65
-16.7%

Summary: The Little River Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3123-25.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little River Township, expect to pay close to the asking price. 69.6% of homes here sold near the asking price last month.

Summary: A total of 23 homes were sold or pending in Little River Township in May 2024, down by 25.8% month-over-month. Of the 23 sold homes, 26% were sold under asking, 70% were sold at asking, and 4% were sold over asking.

Days on Market for Little River Township, NC

How long does it take to sell a home in Little River Township, NC?

Average Sale Time

May 2023May 2024CHANGE
140 Days23 Days-83.2%

Summary: Homes in Little River Township had an average of 23 days on market in May 2024, down by 83.2% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Little River Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 23 homes were sold in Little River Township; 74% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 22 Days Ago

Newest Listings in Little River Township, NC

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