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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eastover Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Eastover Township, NC

How much do homes in Eastover Township, NC cost?

Median Sold Price

$319,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,950(-1.8%)

Key Takeaway

Homes in Eastover Township have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Eastover Township was $319,000 in October 2024, down 1.8% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $101K$142.5K
+41.1%
3 $274.5K$298K
+8.6%
4 $340K$360K
+5.9%
5+ $455K$400K
-12.1%

Summary: Eastover 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 41.1%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 12.1%.

Median Sold Price Compared To Nearby Cities

Eastover
+7.9%
Eastover Township
-1.8%
Cedar Creek Township
-3.5%

Housing Supply in Eastover Township, NC

How many homes are available in Eastover Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4858+20.8%

Summary: The Eastover Township real estate market had 58 homes for sale in October 2024, a 20.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 2227
+22.7%
4 2224
+9.1%
5+ 35
+66.7%

Summary: The Eastover 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 increased by 100%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eastover Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Eastover Township in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
51 Days25 Days-49.6%

Summary: Homes in Eastover Township had an average of 25 days on market in Oct 2024, down by 49.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Eastover Township; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 20 Days Ago

Newest Listings in Eastover Township, NC

Nearby Markets to Eastover Township, NC

What housing markets are near Eastover Township, NC?