Is Myrtle Grove, 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, Myrtle Grove has remained a Seller's Market.
Housing Prices in Myrtle Grove, NC
How much do homes in Myrtle Grove, NC cost?
Median Sold Price
$508,881
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Myrtle Grove was $508,881 in March 2024, up 12.7% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $248K | - | N/A |
3 Bedrooms | $416.7K | $422.9K | +1.5% |
4 Bedrooms | $472.9K | $532.5K | +12.6% |
5+ Bedrooms | $562.5K | $605.8K | +7.7% |
Summary: Myrtle Grove 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 did not change, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Neighborhoods
Myrtle Grove | $451.5K | $508.8K | +12.7% |
Deer Crossing | $416.9K | $402K | -3.6% |
Housing Supply in Myrtle Grove, NC
How many homes are available in Myrtle Grove, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 24 | +14.3% |
Summary: The Myrtle Grove real estate market had 24 homes for sale in March 2024, a 14.3% increase 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 | 1 | +100.0% |
3 Bedrooms | 9 | 13 | +44.4% |
4 Bedrooms | 12 | 9 | -25.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Myrtle Grove 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 increased by 100%, 3 bedroom homes increased by 44.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Myrtle Grove in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Myrtle Grove, NC
How long does it take to sell a home in Myrtle Grove, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
75 Days | 42 Days | -44.2% |
Summary: Homes in Myrtle Grove had an average of 42 days on market in Mar 2024, down by 44.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Myrtle Grove; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.