Is Center Grove Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Center Grove Township has remained a Seller's Market.
Housing Prices in Center Grove Township, NC
How much do homes in Center Grove Township, NC cost?
Median Sold Price
$635,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Center Grove Township was $635,000 in May 2024, up 1.6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $177.5K | $267.5K | +50.7% |
3 Bedrooms | $399.9K | $412.2K | +3.1% |
4 Bedrooms | $662.5K | $700K | +5.7% |
5+ Bedrooms | $659.9K | $627.9K | -4.8% |
Summary: Center Grove Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 50.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
Greensboro | $265K | $279.8K | +5.6% |
Bruce Township | $563K | $580K | +3.0% |
Monroe Township | $375K | $382.8K | +2.1% |
Center Grove Township | $625K | $635K | +1.6% |
Summerfield | $577.5K | $585K | +1.3% |
Housing Supply in Center Grove Township, NC
How many homes are available in Center Grove Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 50 | +4.2% |
Summary: The Center Grove Township real estate market had 50 homes for sale in May 2024, a 4.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 11 | 13 | +18.2% |
4 Bedrooms | 33 | 32 | -3.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Center Grove Township housing inventory by bedroom type for May 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 18.2%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 14 | +75.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Center Grove Township in May 2024, up by 75.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 50% were sold at asking, and 7% were sold over asking.
Days on Market for Center Grove Township, NC
How long does it take to sell a home in Center Grove Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 57 Days | +85.5% |
Summary: Homes in Center Grove Township had an average of 57 days on market in May 2024, up by 85.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Center Grove Township; 50% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.