Is North Cove 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, North Cove Township was a Neutral Market.
Housing Prices in North Cove Township, NC
How much do homes in North Cove Township, NC cost?
Median Sold Price
$462,500
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in North Cove Township was $462,500 in March 2024, up 32.1% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $165K | +3.1% |
2 Bedrooms | $312.5K | $402.5K | +28.8% |
3 Bedrooms | $387.2K | $499K | +28.9% |
4 Bedrooms | $350K | $600K | +71.4% |
5+ Bedrooms | $585K | $225K | -61.5% |
Summary: North Cove Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 28.9%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes decreased by 61.5%.
Median Sold Price Compared To Nearby Cities
North Cove Township | $350K | $462.5K | +32.1% |
Grassy Creek Township | $266.9K | $267.5K | 0.2% |
Housing Supply in North Cove Township, NC
How many homes are available in North Cove Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Summary: The North Cove Township real estate market had 15 homes for sale in March 2024, a 11.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Cove Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in North Cove Township in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for North Cove Township, NC
How long does it take to sell a home in North Cove Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
5 Days | 105 Days | +2000.0% |
Summary: Homes in North Cove Township had an average of 105 days on market in Mar 2024, up by 2000% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in North Cove Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.