$2,909 Closing Credit*
$245,000
1,320 SqFt
3 Beds
•2 Full Baths
#100475825, Listing Office: Keller Williams Realty Points East
Is Chocowinity Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Chocowinity Township has remained a Neutral Market.
Key Takeaway
Chocowinity Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Chocowinity Township, NC
How much do homes in Chocowinity Township, NC cost?
Median Sold Price
$465,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,500(+10.1%)
Key Takeaway
Homes in Chocowinity Township have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Chocowinity Township was $465,000 in October 2024, up 10.1% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $118.5K | $228.9K | +93.2% |
| 3 Bedrooms | $415K | $442K | +6.5% |
| 4 Bedrooms | $575K | $540.2K | -6.0% |
| 5+ Bedrooms | $277K | $357.2K | +29.0% |
Summary: Chocowinity Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 93.2%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 29%.
Median Sold Price Compared To Nearby Cities
| Washington | $242K | $275K | +13.6% |
| Chocowinity Township | $422.5K | $465K | +10.1% |
| Grimesland Township | $305.5K | $315.4K | +3.3% |
| Chocowinity | $485K | $482.5K | -0.5% |
Housing Supply in Chocowinity Township, NC
How many homes are available in Chocowinity Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Summary: The Chocowinity Township real estate market had 27 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 13 | 17 | +30.8% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Chocowinity Township housing inventory by bedroom type for October 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 30.8%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 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 4 homes were sold or pending in Chocowinity Township in October 2024, down by 20.0% month-over-month. Of the 4 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 226 Days | 85 Days | -62.4% |
Summary: Homes in Chocowinity Township had an average of 85 days on market in Oct 2024, down by 62.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 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 October 2024, 4 homes were sold in Chocowinity Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
