Is Newton Grove, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Newton Grove has remained a Seller's Market.
Housing Prices in Newton Grove, NC
How much do homes in Newton Grove, NC cost?
Median Sold Price
$115,000
$82/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Newton Grove was $115,000 in April 2024, down 58.9% from last month, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $280K | - | N/A |
3 Bedrooms | - | $140K | N/A |
4 Bedrooms | $765K | $90K | -88.2% |
5+ Bedrooms | $136K | - | N/A |
Summary: Newton Grove housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 88.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Newton Grove | $280K | $115K | -58.9% |
Newton Grove Township | $280K | $115K | -58.9% |
Housing Supply in Newton Grove, NC
How many homes are available in Newton Grove, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Summary: The Newton Grove real estate market had 4 homes for sale in April 2024, a 50.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 3 | 1 | -66.7% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Newton Grove housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Newton Grove in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Newton Grove, NC
How long does it take to sell a home in Newton Grove, NC?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
78 Days | 66 Days | -15.4% |
Summary: Homes in Newton Grove had an average of 66 days on market in Apr 2024, down by 15.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Newton Grove; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.