Is Plain View 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, Plain View Township has remained a Seller's Market.
Key Takeaway
Plain View Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plain View Township, NC
How much do homes in Plain View Township, NC cost?
Median Sold Price
$337,950
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Plain View Township have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Plain View Township was $337,950 in May 2024, up 6.4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $116K | $185K | +59.5% |
| 3 Bedrooms | $292.9K | $320K | +9.3% |
| 4 Bedrooms | $329.9K | $344K | +4.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Plain View 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 59.5%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mingo Township | $277K | $355K | +28.2% |
| Averasboro Township | $210K | $240K | +14.3% |
| Dunn | $235K | $255.6K | +8.8% |
| Plain View Township | $317.5K | $337.9K | +6.4% |
Housing Supply in Plain View Township, NC
How many homes are available in Plain View Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Summary: The Plain View Township real estate market had 13 homes for sale in May 2024, a 18.8% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Plain View 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 decreased by 18.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plain View Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Plain View Township in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Plain View Township, NC
How long does it take to sell a home in Plain View Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 181 Days | 3 Days | -98.2% |
Summary: Homes in Plain View Township had an average of 3 days on market in May 2024, down by 98.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plain View Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Plain View 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.
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