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 October 2021

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.

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

Median Sold Price

$485,000

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$170,000(+54.0%)

Key Takeaway

Homes in Little River Township have sold for 54% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 -$190K
N/A
3 $307.5K$432.5K
+40.7%
4 $375K$607.5K
+62.0%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Little River Township
+54.0%
Eno Township
+32.6%
Rougemont
+31.2%

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

Number of Homes For Sale

Sep 2022Oct 2022%
1615-6.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 11
0.0%
3 1012
+20.0%
4 32
-33.3%
5+ 20
-100.0%

Number of Homes Sold

Sep 2022Oct 2022%
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was 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.

Average Sale Time

Oct 2021Oct 2022%
13 Days7 Days-43.2%

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.

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

About Little River Township, NC

There are 15 homes are for sale in Little River Township, NC real estate market. Between September 2022 and October 2022, Little River Township, NC real estate market has seen decrease in the number of listings by 6.3%. Listings spent 7 days on the market in October 2022, and had a median list price of $485,000 during the same period. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices increased by 40.7%, the cost of 4 bedrooms properties went up by 62%, 5 bedrooms properties prices increased by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went up by 20%, volume of 4 bedrooms homes went down by 33.3%, volume of 5 bedrooms homes went down by 100%. In October 2022 more than 2 listings in Little River Township, NC were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below.

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