$45,000
1.50 Acres
Land
Benji Hight, Listing Office: Northern Point Realty
Is Granville County, 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, Granville County has remained a Seller's Market.
Key Takeaway
Granville County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Granville County, NC
How much do homes in Granville County, NC cost?
Median Sold Price
$325,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,833(+2.1%)
Key Takeaway
Homes in Granville County have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Granville County was $325,000 in October 2024, up 2.1% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $315K | +530.0% |
| 2 Bedrooms | $187K | $239.9K | +28.3% |
| 3 Bedrooms | $300K | $306.5K | +2.2% |
| 4 Bedrooms | $414.9K | $392.7K | -5.3% |
| 5+ Bedrooms | $370K | $499.9K | +35.1% |
Summary: Granville County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 530%, 2 bedroom homes increased by 28.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 35.1%.
Median Sold Price Compared To Nearby Counties
| Vance County | $241K | $250K | +3.7% |
| Granville County | $318.1K | $325K | +2.1% |
| Franklin County | $374.8K | $379.9K | +1.4% |
Housing Supply in Granville County, NC
How many homes are available in Granville County, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 130 | 135 | +3.8% |
Summary: The Granville County real estate market had 135 homes for sale in October 2024, a 3.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 71 | 72 | +1.4% |
| 4 Bedrooms | 35 | 34 | -2.9% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Granville County 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 15.4%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granville County, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Granville County in October 2024, down by 3.8% month-over-month. Of the 25 sold homes, 48% were sold under asking, 28% were sold at asking, and 24% were sold over asking.
Days on Market for Granville County, NC
How long does it take to sell a home in Granville County, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 36 Days | -55.0% |
Summary: Homes in Granville County had an average of 36 days on market in Oct 2024, down by 55% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Granville County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in Granville County; 64% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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