Is Eastover, 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, Eastover has remained a Seller's Market.
Key Takeaway
Eastover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastover, NC
How much do homes in Eastover, NC cost?
Median Sold Price
$282,500
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eastover have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Eastover was $282,500 in May 2024, up 1.8% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $144.5K | $135.5K | -6.2% |
| 3 Bedrooms | $248.9K | $276.5K | +11.1% |
| 4 Bedrooms | $326K | $305.5K | -6.3% |
| 5+ Bedrooms | $390.5K | $450K | +15.2% |
Summary: Eastover 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 6.2%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Cities
| Eastover | $277.5K | $282.5K | +1.8% |
| Eastover Township | $325K | $308K | -5.2% |
Housing Supply in Eastover, NC
How many homes are available in Eastover, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Eastover real estate market had 13 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Eastover 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 increased by 28.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastover, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Eastover in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Eastover, NC
How long does it take to sell a home in Eastover, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 66 Days | 21 Days | -67.6% |
Summary: Homes in Eastover had an average of 21 days on market in May 2024, down by 67.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Eastover are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Eastover; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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