Is Grifton, 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, Grifton has remained a Seller's Market.
Key Takeaway
Grifton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grifton, NC
How much do homes in Grifton, NC cost?
Median Sold Price
$208,500
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Grifton have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Grifton was $208,500 in April 2024, up 9.7% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $83K | $63K | -24.1% |
| 3 Bedrooms | $190.5K | $210K | +10.2% |
| 4 Bedrooms | $350K | $222.4K | -36.4% |
| 5+ Bedrooms | $150K | - | N/A |
Summary: Grifton 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 24.1%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Grifton | $190K | $208.5K | +9.7% |
| Ayden | $217.5K | $235.5K | +8.3% |
| Ayden Township | $231.4K | $237.5K | +2.6% |
| Grifton Township | $204.2K | $208.5K | +2.1% |
Housing Supply in Grifton, NC
How many homes are available in Grifton, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Summary: The Grifton real estate market had 24 homes for sale in April 2024, a 33.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 20 | +25.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Grifton 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grifton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Grifton in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Grifton, NC
How long does it take to sell a home in Grifton, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 7 Days | 62 Days | +795.2% |
Summary: Homes in Grifton had an average of 62 days on market in Apr 2024, up by 795.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Grifton has remained consistent over time.
Summary: During April 2024, 6 homes were sold in Grifton; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.