Is O'Neals Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, O'Neals Township has remained a Seller's Market.
Key Takeaway
O'Neals Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in O'Neals Township, NC
How much do homes in O'Neals Township, NC cost?
Median Sold Price
$344,900
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in O'Neals Township have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in O'Neals Township was $344,900 in March 2024, down 1.5% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $197.5K | N/A |
| 3 Bedrooms | $345.4K | $339.2K | -1.8% |
| 4 Bedrooms | $386.8K | $441.4K | +14.1% |
| 5+ Bedrooms | $850.2K | - | N/A |
Summary: O'Neals 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 did not change, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dry Wells Township | $299.9K | $305K | +1.7% |
| Zebulon | $355.3K | $353.3K | -0.6% |
| Wilders Township | $404.4K | $399.9K | -1.1% |
| O'Neals Township | $350K | $344.9K | -1.5% |
| Little River Township | $360K | $349.9K | -2.8% |
Housing Supply in O'Neals Township, NC
How many homes are available in O'Neals Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 59 | 52 | -11.9% |
Summary: The O'Neals Township real estate market had 52 homes for sale in March 2024, a 11.9% decrease 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 45 | 37 | -17.8% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The O'Neals 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 decreased by 50%, 3 bedroom homes decreased by 17.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
4 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 O'Neals Township, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in O'Neals Township in March 2024, up by 22.2% month-over-month. Of the 11 sold homes, 36% were sold under asking, 55% were sold at asking, and 9% were sold over asking.
Days on Market for O'Neals Township, NC
How long does it take to sell a home in O'Neals Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 110 Days | 91 Days | -17.4% |
Summary: Homes in O'Neals Township had an average of 91 days on market in Mar 2024, down by 17.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in O'Neals Township has remained consistent over time.
Summary: During March 2024, 11 homes were sold in O'Neals Township; 9% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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