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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Neuse Township is a seller's market

Buyer's
Market

Difference Since January 2022

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

Key Takeaway

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

How much do homes in Neuse Township, NC cost?

Median Sold Price

$402,566

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$74,483(+22.7%)

Key Takeaway

Homes in Neuse Township have sold for 22.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $155K$170.7K
+10.2%
2 $220.9K$267.6K
+21.2%
3 $310K$365K
+17.7%
4 $455.5K$520K
+14.2%
5+ $808.9K$712.7K
-11.9%

Median Sold Price Compared To Nearby Cities

Neuse Township
+22.7%
Wake Forest Township
+17.1%
Saint Matthews Township
+16.7%
Raleigh
+14.6%
Bartons Creek Township
+10.7%

How many homes are available in Neuse Township, NC?

Number of Homes For Sale

Dec 2022Jan 2023%
215191-11.2%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 35
+66.7%
2 3131
0.0%
3 10191
-9.9%
4 6349
-22.2%
5+ 1715
-11.8%

Number of Homes Sold

Dec 2022Jan 2023%
6939-43.5%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Neuse Township, you may be able to get a good deal. 59.5% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
8 Days50 Days+465.5%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Neuse 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 Neuse Township, NC

Neuse Township, NC has 191 homes for sale to choose from. The number of listings in Neuse Township, NC decreased by 11.2% between December 2022 and January 2023. Listings spent 50 days on the market in January 2023, and had a median list price of $402,566 during the same period. From December 2022 through January 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 10.2%, 2 bedrooms properties became 21.2% more expensive, prices of 3 bedrooms properties increased by 17.7%, 4 bedrooms properties prices increased by 14.2%, the cost of 5 bedrooms properties went down by 11.9%. This housing market inventory have changed: 1 bedroom homes became 66.7% more available, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 9.9% less available, 4 bedrooms homes inventory decreased by 22.2%, 5 bedrooms homes became 11.8% less available. In January 2023, from all listings sold in Neuse Township, NC there were more than 10 sold above asking price, over 22 sold below and more than 5 were sold right at the asked price.

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