Is Chocowinity Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Chocowinity Township has remained a Seller's Market.
Housing Prices in Chocowinity Township, NC
How much do homes in Chocowinity Township, NC cost?
Median Sold Price
$442,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chocowinity Township was $442,000 in April 2024, up 10.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145K | $118.5K | -18.3% |
3 Bedrooms | $382K | $389K | +1.8% |
4 Bedrooms | $525K | $550.8K | +4.9% |
5+ Bedrooms | $277K | - | N/A |
Summary: Chocowinity Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Washington | $231.3K | $260K | +12.4% |
Chocowinity Township | $400K | $442K | +10.5% |
Chocowinity | $482K | $479.5K | -0.5% |
Grimesland Township | $310K | $302.9K | -2.3% |
Housing Supply in Chocowinity Township, NC
How many homes are available in Chocowinity Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 40 | +5.3% |
Summary: The Chocowinity Township real estate market had 40 homes for sale in April 2024, a 5.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 22 | 22 | 0.0% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Chocowinity Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Chocowinity Township in April 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for Chocowinity Township, NC
How long does it take to sell a home in Chocowinity Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 87 Days | +437.7% |
Summary: Homes in Chocowinity Township had an average of 87 days on market in Apr 2024, up by 437.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Chocowinity Township; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.