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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Farmville Township is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Farmville Township, NC

How much do homes in Farmville Township, NC cost?

Median Sold Price

$229,250

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$13,250(-5.5%)

Key Takeaway

Homes in Farmville Township have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in Farmville Township was $229,250 in November 2024, down 5.5% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $209.6K$55K
-73.8%
2 $127K$125K
-1.6%
3 $225K$228K
+1.3%
4 $325K$345K
+6.2%
5+ $317.5K$233K
-26.6%

Summary: Farmville Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 73.8%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 26.6%.

Median Sold Price Compared To Nearby Cities

Arthur Township
+2.7%
Farmville Township
-5.5%
Farmville
-7.2%
Falkland Township
-27.0%

Housing Supply in Farmville Township, NC

How many homes are available in Farmville Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2729+7.4%

Summary: The Farmville Township real estate market had 29 homes for sale in November 2024, a 7.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 1718
+5.9%
4 43
-25.0%
5+ 44
0.0%

Summary: The Farmville 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 increased by 100%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Farmville Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Farmville Township in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Farmville Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days7 Days-73.8%

Summary: Homes in Farmville Township had an average of 7 days on market in Nov 2024, down by 73.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Farmville Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Farmville Township, NC

Nearby Markets to Farmville Township, NC