Is Tobaccoville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Tobaccoville was a Seller's Market.
Housing Prices in Tobaccoville, NC
How much do homes in Tobaccoville, NC cost?
Median Sold Price
$285,250
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Tobaccoville was $285,250 in June 2024, up 14.8% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $82.5K | - | N/A |
2 Bedrooms | $180K | $143K | -20.6% |
3 Bedrooms | $245K | $285.2K | +16.4% |
4 Bedrooms | $361.5K | $340K | -5.9% |
5+ Bedrooms | $368K | $345K | -6.3% |
Summary: Tobaccoville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.6%, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Cities
Tobaccoville | $248.5K | $285.2K | +14.8% |
Bethania Township | $250K | $271K | +8.4% |
Old Richmond Township | $252K | $267.4K | +6.1% |
Pfafftown | $331.9K | $340K | +2.4% |
King | $288.2K | $283K | -1.8% |
Housing Supply in Tobaccoville, NC
How many homes are available in Tobaccoville, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
Summary: The Tobaccoville real estate market had 16 homes for sale in June 2024, a 20.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 16 | 13 | -18.8% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Tobaccoville housing inventory by bedroom type for June 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 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
7 | 2 | -71.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Tobaccoville in June 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Tobaccoville, NC
How long does it take to sell a home in Tobaccoville, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
28 Days | 81 Days | +187.6% |
Summary: Homes in Tobaccoville had an average of 81 days on market in Jun 2024, up by 187.6% 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 June 2024, 2 homes were sold in Tobaccoville; 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.