$4,155 Closing Credit*
$349,900
1,867 SqFt
3 Beds
•2 Full Baths
#100479305, Listing Office: The Rich Company
Is Chocowinity Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Chocowinity Township was a Seller's Market.
Key Takeaway
Chocowinity Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chocowinity Township, NC
How much do homes in Chocowinity Township, NC cost?
Median Sold Price
$479,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,550(+8.3%)
Key Takeaway
Homes in Chocowinity Township have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Chocowinity Township was $479,000 in November 2024, up 8.3% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $131.7K | $228.9K | +73.8% |
| 3 Bedrooms | $399.5K | $447.5K | +12.0% |
| 4 Bedrooms | $575K | $531.5K | -7.6% |
| 5+ Bedrooms | $277K | $357.2K | +29.0% |
Summary: Chocowinity Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 73.8%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 29%.
Median Sold Price Compared To Nearby Cities
| Washington | $244.9K | $275K | +12.3% |
| Chocowinity Township | $442.4K | $479K | +8.3% |
| Grimesland Township | $304.8K | $317.5K | +4.1% |
| Chocowinity | $485K | $503.5K | +3.8% |
Housing Supply in Chocowinity Township, NC
How many homes are available in Chocowinity Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Summary: The Chocowinity Township real estate market had 33 homes for sale in November 2024, a 13.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Chocowinity Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chocowinity Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Chocowinity Township in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chocowinity Township, NC
How long does it take to sell a home in Chocowinity Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 39 Days | +11.3% |
Summary: Homes in Chocowinity Township had an average of 39 days on market in Nov 2024, up by 11.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chocowinity Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Chocowinity Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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