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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton Grove Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Newton Grove Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Newton Grove Township, NC

How much do homes in Newton Grove Township, NC cost?

Median Sold Price

$280,000

-

Based on all homes sold in May 2024.

Difference Since Last Month

+$165,000(+143.5%)

Key Takeaway

Homes in Newton Grove Township have sold for 143.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $140K$280K
+100.0%
4 $90K-
N/A
5+ --
N/A

Summary: Newton Grove Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 100%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Newton Grove Township
+143.5%
Newton Grove
+143.5%

Housing Supply in Newton Grove Township, NC

How many homes are available in Newton Grove Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
54-20.0%

Summary: The Newton Grove Township real estate market had 4 homes for sale in May 2024, a 20.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Newton 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton Grove Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Newton Grove Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Newton Grove Township, NC

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Newton Grove Township; 100% of homes were sold within 30 days, 0% 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 Newton Grove Township, NC

Nearby Markets to Newton Grove Township, NC

What housing markets are near Newton Grove Township, NC?