Is Parkton, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parkton is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Parkton was a Neutral Market.

Key Takeaway

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

Housing Prices in Parkton, NC

How much do homes in Parkton, NC cost?

Median Sold Price

$261,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,000(+4.4%)

Key Takeaway

Homes in Parkton have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Parkton was $261,000 in April 2024, up 4.4% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $119K$174.8K
+46.9%
3 $225.9K$242.9K
+7.5%
4 $285.5K$287.5K
+0.7%
5+ $354.9K$375.2K
+5.7%

Summary: Parkton 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 increased by 46.9%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Cities

Parkton
+4.4%
Parkton Township
+4.4%

Housing Supply in Parkton, NC

How many homes are available in Parkton, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2230+36.4%

Summary: The Parkton real estate market had 30 homes for sale in April 2024, a 36.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1519
+26.7%
4 58
+60.0%
5+ 23
+50.0%

Summary: The Parkton 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 26.7%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parkton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Parkton in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for Parkton, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
69 Days48 Days-29.7%

Summary: Homes in Parkton had an average of 48 days on market in Apr 2024, down by 29.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 6 homes were sold in Parkton; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 12 Days Ago

Newest Listings in Parkton, NC

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