$2,957 Closing Credit*
$249,000
1,248 SqFt
3 Beds
•2 Full Baths
#100479626, Listing Office: Allen Tate - ENC Pirate Realty
Is Grimesland, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$400,750
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$132,750(+49.5%)
Key Takeaway
Homes in Grimesland have sold for 49.5% more than they did a year ago.
Summary: The median home sold price in Grimesland was $400,750 in November 2024, up 49.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $170K | N/A |
| 2 Bedrooms | $170K | $192K | +12.9% |
| 3 Bedrooms | $260K | $310K | +19.2% |
| 4 Bedrooms | $539K | $479.9K | -11.0% |
| 5+ Bedrooms | $409.9K | - | N/A |
Summary: Grimesland 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 12.9%, 3 bedroom homes increased by 19.2%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Grimesland | $268K | $400.7K | +49.5% |
| Grimesland Township | $304.8K | $317.5K | +4.1% |
Housing Supply in Grimesland, NC
How many homes are available in Grimesland, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 39 | -2.5% |
Summary: The Grimesland real estate market had 39 homes for sale in November 2024, a 2.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Grimesland 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grimesland, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Grimesland in November 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 43% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 89 Days | +1245.7% |
Summary: Homes in Grimesland had an average of 89 days on market in Nov 2024, up by 1245.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grimesland are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Grimesland; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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