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

Housing Market Conditions



Gauge showing Tobaccoville is a neutral's market


Difference Since May 2022

At the same time last year, Tobaccoville was a Seller's Market.

Key Takeaway

Tobaccoville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Tobaccoville, NC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Tobaccoville have sold for 9.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 -$82.5K
2 $160K$197.5K
3 $254.9K$245K
4 $339K$363K
5+ $339.9K$368K

Median Sold Price Compared To Nearby Cities

Bethania Township
Old Richmond Township

How many homes are available in Tobaccoville, NC?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 00
3 912
4 65
5+ 11

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tobaccoville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

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

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

Average Sale Time

May 2022May 2023%
34 Days6 Days-82.5%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

What housing markets are near Tobaccoville, NC?

About Tobaccoville, NC

Number of homes for sale in Tobaccoville, NC real estate market have reached 18. Between April 2023 and May 2023, Tobaccoville, NC real estate market has seen increase in the number of listings by 12.5%. The median list price of listings available in May 2023 was $248,500, while the average time on the real estate market was 6 days. This housing market listing prices have changed between April 2023 and May 2023: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 23.4%, 3 bedrooms properties prices decreased by 3.9%, prices of 4 bedrooms properties increased by 7.1%, 5 bedrooms properties became 8.3% more expensive. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 33.3% more available, number of 4 bedrooms homes decreased by 16.7%, 5 bedrooms homes inventory did not change. While more than 1 listings in Tobaccoville, NC in May 2023 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below.