Is Granville County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Granville County has remained a Seller's Market.
Housing Prices in Granville County, NC
How much do homes in Granville County, NC cost?
Median Sold Price
$314,995
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Granville County was $314,995 in March 2024, down 1.6% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127K | $50K | -60.6% |
2 Bedrooms | $198.5K | $208K | +4.8% |
3 Bedrooms | $298.5K | $305K | +2.2% |
4 Bedrooms | $400K | $385K | -3.8% |
5+ Bedrooms | $383.5K | $460K | +19.9% |
Summary: Granville County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60.6%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 19.9%.
Median Sold Price Compared To Nearby Counties
Vance County | $245.3K | $246K | 0.3% |
Franklin County | $373.8K | $370.4K | -0.9% |
Granville County | $320.1K | $314.9K | -1.6% |
Housing Supply in Granville County, NC
How many homes are available in Granville County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
89 | 85 | -4.5% |
Summary: The Granville County real estate market had 85 homes for sale in March 2024, a 4.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 8 | 3 | -62.5% |
3 Bedrooms | 51 | 50 | -2.0% |
4 Bedrooms | 22 | 28 | +27.3% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Granville County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 62.5%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 15 | -42.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Granville County in March 2024, down by 42.3% month-over-month. Of the 15 sold homes, 47% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Granville County, NC
How long does it take to sell a home in Granville County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
86 Days | 82 Days | -4.2% |
Summary: Homes in Granville County had an average of 82 days on market in Mar 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Granville County; 33% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.