$70,000
3.75 Acres
Land
#100475965, Listing Office: Berkshire Hathaway HomeServices Prime Properties
Is Grimesland, 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, Grimesland has remained a Seller's Market.
Key Takeaway
Grimesland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grimesland, NC
How much do homes in Grimesland, NC cost?
Median Sold Price
$383,700
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$115,700(+43.2%)
Key Takeaway
Homes in Grimesland have sold for 43.2% more than they did a year ago.
Summary: The median home sold price in Grimesland was $383,700 in October 2024, up 43.2% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $170K | N/A |
| 2 Bedrooms | $170K | $192K | +12.9% |
| 3 Bedrooms | $261K | $285.2K | +9.3% |
| 4 Bedrooms | $539K | $487.4K | -9.6% |
| 5+ Bedrooms | $409.9K | - | N/A |
Summary: Grimesland 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 12.9%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Grimesland | $268K | $383.7K | +43.2% |
| Grimesland Township | $305.5K | $315.4K | +3.3% |
Housing Supply in Grimesland, NC
How many homes are available in Grimesland, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 39 | -7.1% |
Summary: The Grimesland real estate market had 39 homes for sale in October 2024, a 7.1% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Grimesland 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 decreased by 16.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grimesland, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Grimesland in October 2024, the same as the previous month. Of the 7 sold homes, 14% were sold under asking, 71% were sold at asking, and 14% were sold over asking.
Days on Market for Grimesland, NC
How long does it take to sell a home in Grimesland, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 86 Days | +551.5% |
Summary: Homes in Grimesland had an average of 86 days on market in Oct 2024, up by 551.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Grimesland are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 7 homes were sold in Grimesland; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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