Is O'Neals Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, O'Neals Township was a Buyer's Market.
Key Takeaway
O'Neals Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in O'Neals Township, NC
How much do homes in O'Neals Township, NC cost?
Median Sold Price
$342,400
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in O'Neals Township have sold for 3.5% less than they did a year ago.
Summary: The median home sold price in O'Neals Township was $342,400 in April 2024, down 3.5% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $197.5K | N/A |
| 3 Bedrooms | $347.9K | $339K | -2.6% |
| 4 Bedrooms | $403.5K | $448.9K | +11.3% |
| 5+ Bedrooms | $850.2K | - | N/A |
Summary: O'Neals Township 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 did not change, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Zebulon | $355K | $359.5K | +1.3% |
| Little River Township | $350.5K | $352.9K | +0.7% |
| Wilders Township | $403.4K | $401.2K | -0.5% |
| Dry Wells Township | $310K | $302.5K | -2.4% |
| O'Neals Township | $355K | $342.4K | -3.5% |
Housing Supply in O'Neals Township, NC
How many homes are available in O'Neals Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 51 | -5.6% |
Summary: The O'Neals Township real estate market had 51 homes for sale in April 2024, a 5.6% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 41 | 38 | -7.3% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The O'Neals 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 100%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in O'Neals Township, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in O'Neals Township in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 56% were sold at asking, and 11% were sold over asking.
Days on Market for O'Neals Township, NC
How long does it take to sell a home in O'Neals Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 107 Days | 113 Days | +6.2% |
Summary: Homes in O'Neals Township had an average of 113 days on market in Apr 2024, up by 6.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in O'Neals Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 9 homes were sold in O'Neals Township; 22% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.
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