Is Nixonton Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Nixonton Township was a Seller's Market.
Key Takeaway
Nixonton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Nixonton Township, NC
How much do homes in Nixonton Township, NC cost?
Median Sold Price
$345,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Nixonton Township have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in Nixonton Township was $345,000 in March 2024, up 16.2% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | - | N/A |
| 2 Bedrooms | $270K | $164K | -39.3% |
| 3 Bedrooms | $270K | $305K | +13.0% |
| 4 Bedrooms | $359.9K | $389.9K | +8.3% |
| 5+ Bedrooms | $430K | $415K | -3.5% |
Summary: Nixonton Township 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 decreased by 39.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Nixonton Township | $296.8K | $345K | +16.2% |
| Elizabeth City | $267.2K | $291.2K | +9.0% |
| Elizabeth City Township | $269.9K | $291.2K | +7.9% |
Housing Supply in Nixonton Township, NC
How many homes are available in Nixonton Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 102 | 126 | +23.5% |
Summary: The Nixonton Township real estate market had 126 homes for sale in March 2024, a 23.5% 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 | 0 | 0.0% |
| 3 Bedrooms | 54 | 77 | +42.6% |
| 4 Bedrooms | 38 | 43 | +13.2% |
| 5+ Bedrooms | 10 | 6 | -40.0% |
Summary: The Nixonton Township 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 remained the same, 3 bedroom homes increased by 42.6%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 15 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Nixonton Township, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Nixonton Township in March 2024, down by 40.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 60% were sold at asking, and 10% were sold over asking.
Days on Market for Nixonton Township, NC
How long does it take to sell a home in Nixonton Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 71 Days | 107 Days | +51.0% |
Summary: Homes in Nixonton Township had an average of 107 days on market in Mar 2024, up by 51% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Nixonton Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 15 homes were sold in Nixonton Township; 27% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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