Is North Cove 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, North Cove Township has remained a Seller's Market.
Housing Prices in North Cove Township, NC
How much do homes in North Cove Township, NC cost?
Median Sold Price
$485,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Cove Township was $485,000 in April 2024, up 22.8% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $165K | +3.1% |
2 Bedrooms | $230K | $405.5K | +76.3% |
3 Bedrooms | $439.7K | $516.1K | +17.4% |
4 Bedrooms | - | $600K | N/A |
5+ Bedrooms | $585K | $225K | -61.5% |
Summary: North Cove Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 76.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 61.5%.
Median Sold Price Compared To Nearby Cities
North Cove Township | $395K | $485K | +22.8% |
Ingalls Township | $200K | $232K | +16.0% |
Grassy Creek Township | $253K | $267.5K | +5.7% |
Housing Supply in North Cove Township, NC
How many homes are available in North Cove Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Summary: The North Cove Township real estate market had 14 homes for sale in April 2024, a 6.7% decrease 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 | 5 | 6 | +20.0% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Cove 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 increased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in North Cove Township in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for North Cove Township, NC
How long does it take to sell a home in North Cove Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 46 Days | -12.7% |
Summary: Homes in North Cove Township had an average of 46 days on market in Apr 2024, down by 12.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in North Cove Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.