Is Plymouth, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plymouth is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Plymouth was a Buyer's Market.

Key Takeaway

Plymouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Plymouth, NC

How much do homes in Plymouth, NC cost?

Median Sold Price

$149,000

$69/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$96,000(-39.2%)

Key Takeaway

Homes in Plymouth have sold for 39.2% less than they did a month ago.

Summary: The median home sold price in Plymouth was $149,000 in March 2024, down 39.2% from last month, and the median price per square foot was $69.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$35K
N/A
3 $245K$165K
-32.7%
4 -$133K
N/A
5+ --
N/A

Summary: Plymouth housing prices by bedroom type for March 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 decreased by 32.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Plymouth
-39.2%
Plymouth Township
-39.2%

Housing Supply in Plymouth, NC

How many homes are available in Plymouth, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2931+6.9%

Summary: The Plymouth real estate market had 31 homes for sale in March 2024, a 6.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 1312
-7.7%
4 1012
+20.0%
5+ 11
0.0%

Summary: The Plymouth 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 increased by 20%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plymouth, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Plymouth in March 2024, up by 500.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Plymouth, NC

How long does it take to sell a home in Plymouth, NC?

Average Sale Time

Feb 2024Mar 2024CHANGE
16 Days80 Days+403.1%

Summary: Homes in Plymouth had an average of 80 days on market in Mar 2024, up by 403.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Plymouth are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Plymouth; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Plymouth, NC

Nearby Markets to Plymouth, NC