$119,000
17.60 Acres
Land
Keith Brouillard, Listing Office: Carolina Forestry & Realty
Is Griffins Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Griffins Township has remained a Seller's Market.
Key Takeaway
Griffins Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Griffins Township, NC
How much do homes in Griffins Township, NC cost?
Median Sold Price
$180,000
$140/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$125,500(-41.1%)
Key Takeaway
Homes in Griffins Township have sold for 41.1% less than they did a month ago.
Summary: The median home sold price in Griffins Township was $180,000 in October 2024, down 41.1% from last month, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $180K | N/A |
| 3 Bedrooms | $225K | $254.7K | +13.2% |
| 4 Bedrooms | $386K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Griffins Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 13.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Red Oak | $514.8K | $370K | -28.1% |
| Griffins Township | $305.5K | $180K | -41.1% |
Housing Supply in Griffins Township, NC
How many homes are available in Griffins Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Griffins Township real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Griffins 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 remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Griffins Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Griffins Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Griffins Township, NC
How long does it take to sell a home in Griffins Township, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 27 Days | -56.5% |
Summary: Homes in Griffins Township had an average of 27 days on market in Oct 2024, down by 56.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Griffins Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Griffins Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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