$8,491 Closing Credit*
$715,000
3,148 SqFt
4 Beds
•3 Full Baths, 1 Partial
Shadia Hamzy, Listing Office: Allen Tate/Wake Forest
Is Neuse Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
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.
Housing Prices in Neuse Township, NC
How much do homes in Neuse Township, NC cost?
Median Sold Price
$410,387
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$33,024(+8.8%)
Key Takeaway
Homes in Neuse Township have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Neuse Township was $410,387 in September 2024, up 8.8% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175.7K | $233K | +32.6% |
| 2 Bedrooms | $258K | $266.2K | +3.2% |
| 3 Bedrooms | $354.1K | $360K | +1.6% |
| 4 Bedrooms | $485K | $554K | +14.2% |
| 5+ Bedrooms | $692.5K | $860K | +24.2% |
Summary: Neuse Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 24.2%.
Median Sold Price Compared To Nearby Cities
| Bartons Creek Township | $870.8K | $1.0M | +14.8% |
| Neuse Township | $377.3K | $410.3K | +8.8% |
| Raleigh | $415.2K | $440.5K | +6.1% |
| Wake Forest Township | $496.6K | $510.2K | +2.7% |
| Saint Matthews Township | $364.9K | $370.3K | +1.5% |
Housing Supply in Neuse Township, NC
How many homes are available in Neuse Township, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 290 | 290 | 0.0% |
Summary: The Neuse Township real estate market had 290 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 4 | +300.0% |
| 2 Bedrooms | 41 | 40 | -2.4% |
| 3 Bedrooms | 127 | 118 | -7.1% |
| 4 Bedrooms | 80 | 84 | +5.0% |
| 5+ Bedrooms | 41 | 44 | +7.3% |
Summary: The Neuse Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 7.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 72 | 68 | -5.6% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Neuse Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 68 homes were sold or pending in Neuse Township in September 2024, down by 5.6% month-over-month. Of the 68 sold homes, 50% were sold under asking, 28% were sold at asking, and 22% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 64 Days | 31 Days | -50.9% |
Summary: Homes in Neuse Township had an average of 31 days on market in Sep 2024, down by 50.9% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Neuse Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 68 homes were sold in Neuse Township; 65% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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