Is Little River 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, 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
$427,500
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Little River Township have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Little River Township was $427,500 in March 2024, down 0.8% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $270K | N/A |
| 2 Bedrooms | $237K | $368.5K | +55.5% |
| 3 Bedrooms | $433K | $393.5K | -9.1% |
| 4 Bedrooms | $600K | $688.8K | +14.8% |
| 5+ Bedrooms | $410K | $766.7K | +87.0% |
Summary: Little River 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 55.5%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 87%.
Median Sold Price Compared To Nearby Cities
| Bahama | $449.9K | $515K | +14.5% |
| Lebanon Township | $400K | $415K | +3.8% |
| Rougemont | $364.9K | $368.5K | +1.0% |
| Little River Township | $431K | $427.5K | -0.8% |
| Hurdle Mills | $342.6K | $325K | -5.1% |
Housing Supply in Little River Township, NC
How many homes are available in Little River Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Little River Township real estate market had 8 homes for sale in March 2024, a 11.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Little River 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Little River Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Little River Township in March 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 36 Days | -3.5% |
Summary: Homes in Little River Township had an average of 36 days on market in Mar 2024, down by 3.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Little River Township has remained consistent over time.
Summary: During March 2024, 3 homes were sold in Little River 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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