Is Eastover 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, Eastover Township has remained a Seller's Market.
Key Takeaway
Eastover Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastover Township, NC
How much do homes in Eastover Township, NC cost?
Median Sold Price
$308,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eastover Township have sold for 5.2% less than they did a year ago.
Summary: The median home sold price in Eastover Township was $308,000 in May 2024, down 5.2% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $120K | $85K | -29.2% |
| 3 Bedrooms | $278.5K | $290K | +4.1% |
| 4 Bedrooms | $335K | $339.5K | +1.3% |
| 5+ Bedrooms | $455K | $439.9K | -3.3% |
Summary: Eastover 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 29.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Cities
| Cedar Creek Township | $266K | $278.5K | +4.7% |
| Eastover | $277.5K | $282.5K | +1.8% |
| Wade | $365K | $355K | -2.7% |
| Eastover Township | $325K | $308K | -5.2% |
Housing Supply in Eastover Township, NC
How many homes are available in Eastover Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 67 | 61 | -9.0% |
Summary: The Eastover Township real estate market had 61 homes for sale in May 2024, a 9.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 34 | 30 | -11.8% |
| 4 Bedrooms | 28 | 27 | -3.6% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Eastover 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 11.8%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastover Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Eastover Township in May 2024, up by 17.6% month-over-month. Of the 20 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Eastover Township, NC
How long does it take to sell a home in Eastover Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 147 Days | 20 Days | -86.2% |
Summary: Homes in Eastover Township had an average of 20 days on market in May 2024, down by 86.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eastover Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 20 homes were sold in Eastover Township; 75% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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