Is Contentnea Neck Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Contentnea Neck Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Contentnea Neck Township was a Seller's Market.

Key Takeaway

Contentnea Neck Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Contentnea Neck Township, NC

How much do homes in Contentnea Neck Township, NC cost?

Median Sold Price

$230,745

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,745(+12.6%)

Key Takeaway

Homes in Contentnea Neck Township have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in Contentnea Neck Township was $230,745 in October 2024, up 12.6% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $71K$85K
+19.7%
3 $214K$228K
+6.5%
4 -$306.7K
N/A
5+ --
N/A

Summary: Contentnea Neck 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 19.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Grifton Township
+16.0%
Contentnea Neck Township
+12.6%
Grifton
+11.1%

Housing Supply in Contentnea Neck Township, NC

How many homes are available in Contentnea Neck Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1815-16.7%

Summary: The Contentnea Neck Township real estate market had 15 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1313
0.0%
4 52
-60.0%
5+ 00
0.0%

Summary: The Contentnea Neck 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 remained the same, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Contentnea Neck 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 Contentnea Neck Township in October 2024, the same as the previous 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 Contentnea Neck Township, NC

How long does it take to sell a home in Contentnea Neck Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days102 Days+750.0%

Summary: Homes in Contentnea Neck Township had an average of 102 days on market in Oct 2024, up by 750% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Contentnea Neck Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Contentnea Neck 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Contentnea Neck Township, NC

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What housing markets are near Contentnea Neck Township, NC?