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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moyock Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Moyock Township was a Neutral Market.

Key Takeaway

Moyock Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Moyock Township, NC

How much do homes in Moyock Township, NC cost?

Median Sold Price

$487,000

$219/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$25,000(+5.4%)

Key Takeaway

Homes in Moyock Township have sold for 5.4% more than they did a month ago.

Summary: The median home sold price in Moyock Township was $487,000 in May 2024, up 5.4% from last month, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $399K$427.5K
+7.1%
4 $515K$486K
-5.6%
5+ $505K$572K
+13.3%

Summary: Moyock Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 13.3%.

Median Sold Price Compared To Nearby Cities

Moyock
+5.7%
Moyock Township
+5.4%
Fruitville Township
-66.3%

Housing Supply in Moyock Township, NC

How many homes are available in Moyock Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
220236+7.3%

Summary: The Moyock Township real estate market had 236 homes for sale in May 2024, a 7.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 8488
+4.8%
4 93106
+14.0%
5+ 4241
-2.4%

Summary: The Moyock Township housing inventory by bedroom type for May 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 4.8%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 2.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3247+46.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moyock Township, expect to pay close to the asking price. 52.2% of homes here sold near the asking price last month.

Summary: A total of 47 homes were sold or pending in Moyock Township in May 2024, up by 46.9% month-over-month. Of the 23 sold homes, 30% were sold under asking, 52% were sold at asking, and 17% were sold over asking.

Days on Market for Moyock Township, NC

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

Average Sale Time

Apr 2024May 2024CHANGE
79 Days37 Days-52.4%

Summary: Homes in Moyock Township had an average of 37 days on market in May 2024, down by 52.4% compared to last month.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 47 homes were sold in Moyock Township; 66% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 15% 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 4 Days Ago

Newest Listings in Moyock Township, NC

Nearby Markets to Moyock Township, NC

What housing markets are near Moyock Township, NC?