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 neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Eastover 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 Eastover Township, NC

How much do homes in Eastover Township, NC cost?

Median Sold Price

$322,835

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,115(-0.7%)

Key Takeaway

Homes in Eastover Township have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Eastover Township was $322,835 in November 2024, down 0.7% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $85K$146.2K
+72.0%
3 $275K$298K
+8.4%
4 $353.2K$360K
+1.9%
5+ $455K$400K
-12.1%

Summary: Eastover 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 72%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 12.1%.

Median Sold Price Compared To Nearby Cities

Eastover
+9.3%
Eastover Township
-0.7%
Cedar Creek Township
-1.4%

Housing Supply in Eastover Township, NC

How many homes are available in Eastover Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6153-13.1%

Summary: The Eastover Township real estate market had 53 homes for sale in November 2024, a 13.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2623
-11.5%
4 2824
-14.3%
5+ 55
0.0%

Summary: The Eastover Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was 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 November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% 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

Nov 2023Nov 2024CHANGE
28 Days37 Days+31.0%

Summary: Homes in Eastover Township had an average of 37 days on market in Nov 2024, up by 31% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were 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 November 2024, 8 homes were sold in Eastover Township; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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 Eastover Township, NC

Nearby Markets to Eastover Township, NC

What housing markets are near Eastover Township, NC?