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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nahunta Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Nahunta Township, NC

How much do homes in Nahunta Township, NC cost?

Median Sold Price

$245,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$15,500(+6.8%)

Key Takeaway

Homes in Nahunta Township have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Nahunta Township was $245,000 in May 2024, up 6.8% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $155K$110K
-29.0%
3 $245.9K$244.5K
-0.6%
4 $389.9K$268K
-31.3%
5+ $220K$760K
+245.5%

Summary: Nahunta 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 29%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes increased by 245.5%.

Median Sold Price Compared To Nearby Cities

Fremont
+14.0%
Nahunta Township
+6.8%
Pikeville Township
+1.0%

Housing Supply in Nahunta Township, NC

How many homes are available in Nahunta Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3735-5.4%

Summary: The Nahunta Township real estate market had 35 homes for sale in May 2024, a 5.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 10
-100.0%
3 3129
-6.5%
4 55
0.0%
5+ 00
0.0%

Summary: The Nahunta Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nahunta Township, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Nahunta Township in May 2024, up by 57.1% month-over-month. Of the 11 sold homes, 18% were sold under asking, 64% were sold at asking, and 18% were sold over asking.

Days on Market for Nahunta Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
20 Days47 Days+132.4%

Summary: Homes in Nahunta Township had an average of 47 days on market in May 2024, up by 132.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 11 homes were sold in Nahunta Township; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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

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