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 Last Month

Since last month, 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

$495,000

$266/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

+$120,000(+32.0%)

Key Takeaway

Homes in Little River Township have sold for 32% more than they did a month ago.

Summary: The median home sold price in Little River Township was $495,000 in June 2024, up 32% from last month, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 --
N/A
3 $375K$422.5K
+12.7%
4 -$495K
N/A
5+ --
N/A

Summary: Little River Township housing prices by bedroom type for June 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 increased by 12.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Little River Township, NC

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

Number of Homes For Sale

May 2024Jun 2024CHANGE
1110-9.1%

Summary: The Little River Township real estate market had 10 homes for sale in June 2024, a 9.1% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 00
0.0%
3 86
-25.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Little River Township housing inventory by bedroom type for June 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 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little River Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Little River Township in June 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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 2024Jun 2024CHANGE
6 Days5 Days-16.7%

Summary: Homes in Little River Township had an average of 5 days on market in Jun 2024, down by 16.7% 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

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 June 2024, 3 homes were sold in Little River Township; 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.

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

Report Updated 24 Days Ago

Newest Listings in Little River Township, NC

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