Is Little Coharie Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little Coharie Township is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Little Coharie Township was a Seller's Market.

Key Takeaway

Little Coharie Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Little Coharie Township, NC

How much do homes in Little Coharie Township, NC cost?

Median Sold Price

$272,679

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$97,679(+55.8%)

Key Takeaway

Homes in Little Coharie Township have sold for 55.8% more than they did a year ago.

Summary: The median home sold price in Little Coharie Township was $272,679 in May 2024, up 55.8% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $154K$125.2K
-18.7%
3 $186.4K$252K
+35.2%
4 $256.9K$290.9K
+13.2%
5+ -$308.4K
N/A

Summary: Little Coharie 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 decreased by 18.7%, 3 bedroom homes increased by 35.2%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Little Coharie Township
+55.8%
Honeycutt Township
-4.0%

Housing Supply in Little Coharie Township, NC

How many homes are available in Little Coharie Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1714-17.6%

Summary: The Little Coharie Township real estate market had 14 homes for sale in May 2024, a 17.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 54
-20.0%
3 85
-37.5%
4 35
+66.7%
5+ 00
0.0%

Summary: The Little Coharie Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little Coharie Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Little Coharie Township in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Little Coharie Township, NC

How long does it take to sell a home in Little Coharie Township, NC?

Average Sale Time

May 2023May 2024CHANGE
114 Days43 Days-62.1%

Summary: Homes in Little Coharie Township had an average of 43 days on market in May 2024, down by 62.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Little Coharie Township has remained consistent over time.

Summary: During May 2024, 2 homes were sold in Little Coharie Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Little Coharie Township, NC

Nearby Markets to Little Coharie Township, NC

What housing markets are near Little Coharie Township, NC?