Is Neuse 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, Neuse Township has remained a Seller's Market.
Key Takeaway
Neuse Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Neuse Township, NC
How much do homes in Neuse Township, NC cost?
Median Sold Price
$390,463
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Neuse Township has remained the same since last year.
Summary: The median home sold price in Neuse Township was $390,463 in April 2024, up 0.1% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.5K | $220K | +27.5% |
| 2 Bedrooms | $262K | $270K | +3.1% |
| 3 Bedrooms | $360.9K | $350.8K | -2.8% |
| 4 Bedrooms | $500K | $530K | +6.0% |
| 5+ Bedrooms | $720K | $825K | +14.6% |
Summary: Neuse Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.5%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
| Bartons Creek Township | $860K | $930.8K | +8.2% |
| Wake Forest Township | $494.2K | $515.1K | +4.2% |
| Raleigh | $414.8K | $430.1K | +3.7% |
| Saint Matthews Township | $365.4K | $368.9K | +1.0% |
| Neuse Township | $389.9K | $390.4K | 0.1% |
Housing Supply in Neuse Township, NC
How many homes are available in Neuse Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 246 | 237 | -3.7% |
Summary: The Neuse Township real estate market had 237 homes for sale in April 2024, a 3.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 31 | 28 | -9.7% |
| 3 Bedrooms | 109 | 109 | 0.0% |
| 4 Bedrooms | 75 | 73 | -2.7% |
| 5+ Bedrooms | 28 | 25 | -10.7% |
Summary: The Neuse Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 10.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 71 | 83 | +16.9% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Neuse Township, you may be able to get a good deal. 47% of homes here sold below asking price last month.
Summary: A total of 83 homes were sold or pending in Neuse Township in April 2024, up by 16.9% month-over-month. Of the 83 sold homes, 47% were sold under asking, 23% were sold at asking, and 30% were sold over asking.
Days on Market for Neuse Township, NC
How long does it take to sell a home in Neuse Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 65 Days | 21 Days | -66.9% |
Summary: Homes in Neuse Township had an average of 21 days on market in Apr 2024, down by 66.9% compared to last year.
Breakdown of Home Sale Times
68 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Neuse Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 83 homes were sold in Neuse Township; 82% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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