Is Grover, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grover is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Grover was a Buyer's Market.

Key Takeaway

Grover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Grover, NC

How much do homes in Grover, NC cost?

Median Sold Price

$198,000

$108/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$19,000(-8.8%)

Key Takeaway

Homes in Grover have sold for 8.8% less than they did a month ago.

Summary: The median home sold price in Grover was $198,000 in November 2024, down 8.8% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $217K$198K
-8.8%
4 --
N/A
5+ --
N/A

Summary: Grover housing prices by bedroom type for November 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 decreased by 8.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Grover, NC

How many homes are available in Grover, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
12120.0%

Summary: The Grover real estate market had 12 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 99
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Grover 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grover, 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 Grover in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Grover, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
62 Days55 Days-10.2%

Summary: Homes in Grover had an average of 55 days on market in Nov 2024, down by 10.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Grover; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in Grover, NC

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