Is Neuse Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Neuse Township has remained a Seller's Market.
Housing Prices in Neuse Township, NC
How much do homes in Neuse Township, NC cost?
Median Sold Price
$379,975
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Neuse Township was $379,975 in February 2024, down 4% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $174.5K | $166.8K | -4.4% |
2 Bedrooms | $265K | $262K | -1.1% |
3 Bedrooms | $365.5K | $347.9K | -4.8% |
4 Bedrooms | $501K | $516K | +3.0% |
5+ Bedrooms | $715K | $764.5K | +6.9% |
Summary: Neuse Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Cities
Bartons Creek Township | $899.5K | $925K | +2.8% |
Raleigh | $418.4K | $420.2K | 0.4% |
Saint Matthews Township | $368.6K | $368.1K | -0.1% |
Wake Forest Township | $505.2K | $499.9K | -1.0% |
Neuse Township | $396K | $379.9K | -4.0% |
Housing Supply in Neuse Township, NC
How many homes are available in Neuse Township, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
201 | 214 | +6.5% |
Summary: The Neuse Township real estate market had 214 homes for sale in February 2024, a 6.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 27 | 29 | +7.4% |
3 Bedrooms | 93 | 91 | -2.2% |
4 Bedrooms | 53 | 60 | +13.2% |
5+ Bedrooms | 25 | 29 | +16.0% |
Summary: The Neuse Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
39 | 41 | +5.1% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Neuse Township in February 2024, up by 5.1% month-over-month. Of the 41 sold homes, 54% were sold under asking, 22% were sold at asking, and 24% were sold over asking.
Days on Market for Neuse Township, NC
How long does it take to sell a home in Neuse Township, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
79 Days | 60 Days | -24.0% |
Summary: Homes in Neuse Township had an average of 60 days on market in Feb 2024, down by 24% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During February 2024, 41 homes were sold in Neuse Township; 10% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.