Is Neuse 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, Neuse Township has remained a Seller's Market.
Housing Prices in Neuse Township, NC
How much do homes in Neuse Township, NC cost?
Median Sold Price
$400,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Neuse Township was $400,000 in May 2024, up 3.6% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $172.5K | $220K | +27.5% |
2 Bedrooms | $262.5K | $266.2K | +1.4% |
3 Bedrooms | $356.5K | $357.9K | 0.4% |
4 Bedrooms | $495K | $537.3K | +8.6% |
5+ Bedrooms | $750K | $817.5K | +9.0% |
Summary: Neuse Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.5%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 9%.
Median Sold Price Compared To Nearby Cities
Bartons Creek Township | $865K | $925.5K | +7.0% |
Wake Forest Township | $490.4K | $513.1K | +4.6% |
Raleigh | $413.5K | $432.2K | +4.5% |
Neuse Township | $386K | $400K | +3.6% |
Saint Matthews Township | $364.6K | $370K | +1.5% |
Housing Supply in Neuse Township, NC
How many homes are available in Neuse Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
260 | 266 | +2.3% |
Summary: The Neuse Township real estate market had 266 homes for sale in May 2024, a 2.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 31 | 30 | -3.2% |
3 Bedrooms | 112 | 127 | +13.4% |
4 Bedrooms | 86 | 78 | -9.3% |
5+ Bedrooms | 29 | 31 | +6.9% |
Summary: The Neuse 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 3.2%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 6.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
90 | 80 | -11.1% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 80 homes were sold or pending in Neuse Township in May 2024, down by 11.1% month-over-month. Of the 80 sold homes, 41% were sold under asking, 34% were sold at asking, and 25% were sold over asking.
Days on Market for Neuse Township, NC
How long does it take to sell a home in Neuse Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
61 Days | 22 Days | -64.1% |
Summary: Homes in Neuse Township had an average of 22 days on market in May 2024, down by 64.1% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 80 homes were sold in Neuse Township; 83% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.