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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grantham Township is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Grantham 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 Grantham Township, NC

How much do homes in Grantham Township, NC cost?

Median Sold Price

$329,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$89,000(+37.1%)

Key Takeaway

Homes in Grantham Township have sold for 37.1% more than they did a year ago.

Summary: The median home sold price in Grantham Township was $329,000 in April 2024, up 37.1% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$251K
N/A
3 $180K$333K
+85.0%
4 $299K$95K
-68.2%
5+ $359.9K$524.8K
+45.8%

Summary: Grantham 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 did not change, 3 bedroom homes increased by 85%, 4 bedroom homes decreased by 68.2%, and 5+ bedroom homes increased by 45.8%.

Median Sold Price Compared To Nearby Cities

Grantham Township
+37.1%
Brogden Township
+13.3%
Fork Township
+1.7%

Housing Supply in Grantham Township, NC

How many homes are available in Grantham Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1412-14.3%

Summary: The Grantham Township real estate market had 12 homes for sale in April 2024, a 14.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 109
-10.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Grantham 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 decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grantham Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Grantham Township in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Grantham Township, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
8 Days26 Days+231.3%

Summary: Homes in Grantham Township had an average of 26 days on market in Apr 2024, up by 231.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During April 2024, 2 homes were sold in Grantham Township; 50% of homes were sold within 30 days, 50% 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 9 Days Ago

Newest Listings in Grantham Township, NC

Nearby Markets to Grantham Township, NC

What housing markets are near Grantham Township, NC?