Is Plymouth, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Plymouth was a Seller's Market.
Key Takeaway
Plymouth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Plymouth, NC
How much do homes in Plymouth, NC cost?
Median Sold Price
$145,000
$131/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Plymouth have sold for 2.7% less than they did a month ago.
Summary: The median home sold price in Plymouth was $145,000 in April 2024, down 2.7% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $35K | $137K | +291.4% |
| 3 Bedrooms | $165K | $145K | -12.1% |
| 4 Bedrooms | $133K | $150K | +12.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Plymouth housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 291.4%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes did not change.
Housing Supply in Plymouth, NC
How many homes are available in Plymouth, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The Plymouth real estate market had 32 homes for sale in April 2024, a 6.7% increase 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 | 6 | 4 | -33.3% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Plymouth 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 decreased by 33.3%, 3 bedroom homes increased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Plymouth, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Plymouth in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Plymouth, NC
How long does it take to sell a home in Plymouth, NC?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 80 Days | 108 Days | +35.0% |
Summary: Homes in Plymouth had an average of 108 days on market in Apr 2024, up by 35% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Plymouth are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in Plymouth; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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