Is Eastatoe Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Eastatoe Township was a Seller's Market.
Key Takeaway
Eastatoe Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Eastatoe Township, NC
How much do homes in Eastatoe Township, NC cost?
Median Sold Price
$427,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eastatoe Township have sold for 12.8% less than they did a year ago.
Summary: The median home sold price in Eastatoe Township was $427,000 in May 2024, down 12.8% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $69K | -74.9% |
| 2 Bedrooms | $340K | $340K | 0.0% |
| 3 Bedrooms | $622.5K | $599K | -3.8% |
| 4 Bedrooms | $1.0M | $780K | -22.8% |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: Eastatoe Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 74.9%, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 22.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lake Toxaway | $490.5K | $570K | +16.2% |
| Dunns Rock Township | $523.5K | $571K | +9.1% |
| Catheys Creek Township | $381K | $414.5K | +8.8% |
| Eastatoe Township | $489.5K | $427K | -12.8% |
Housing Supply in Eastatoe Township, NC
How many homes are available in Eastatoe Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Summary: The Eastatoe Township real estate market had 28 homes for sale in May 2024, a 12.0% 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 | 8 | 6 | -25.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Eastatoe 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 decreased by 25%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastatoe Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Eastatoe Township in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Eastatoe Township, NC
How long does it take to sell a home in Eastatoe Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 23 Days | 161 Days | +602.2% |
Summary: Homes in Eastatoe Township had an average of 161 days on market in May 2024, up by 602.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Eastatoe Township has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Eastatoe Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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