Is Vance Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vance Township is a neutral's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Vance Township, NC

How much do homes in Vance Township, NC cost?

Median Sold Price

$133,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$30,000(-18.4%)

Key Takeaway

Homes in Vance Township have sold for 18.4% less than they did a year ago.

Summary: The median home sold price in Vance Township was $133,000 in September 2024, down 18.4% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $135K$82.5K
-38.9%
3 $168K$134K
-20.2%
4 --
N/A
5+ --
N/A

Summary: Vance Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.9%, 3 bedroom homes decreased by 20.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kinston Township
+2.8%
Kinston
+2.8%
Vance Township
-18.4%

Housing Supply in Vance Township, NC

How many homes are available in Vance Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
660.0%

Summary: The Vance Township real estate market had 6 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 56
+20.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Vance Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vance Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Vance Township in September 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Vance Township, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
14 Days31 Days+121.4%

Summary: Homes in Vance Township had an average of 31 days on market in Sep 2024, up by 121.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Vance Township has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Vance Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in Vance Township, NC

Nearby Markets to Vance Township, NC

What housing markets are near Vance Township, NC?