Is Neuse Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Neuse Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Neuse Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Neuse Township, NC

How much do homes in Neuse Township, NC cost?

Median Sold Price

$420,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,673(+11.3%)

Key Takeaway

Homes in Neuse Township have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Neuse Township was $420,000 in November 2024, up 11.3% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $167K$233K
+39.5%
2 $255K$268.7K
+5.4%
3 $350K$365.8K
+4.5%
4 $510K$565K
+10.8%
5+ $680K$837.4K
+23.1%

Summary: Neuse Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.5%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Cities

Neuse Township
+11.3%
Bartons Creek Township
+9.6%
Raleigh
+7.7%
Saint Matthews Township
+2.0%
Wake Forest Township
0.2%

Housing Supply in Neuse Township, NC

How many homes are available in Neuse Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
285255-10.5%

Summary: The Neuse Township real estate market had 255 homes for sale in November 2024, a 10.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 24
+100.0%
2 3737
0.0%
3 121106
-12.4%
4 8571
-16.5%
5+ 4037
-7.5%

Summary: The Neuse Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.4%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes decreased by 7.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7159-16.9%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Neuse Township, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.

Summary: A total of 59 homes were sold or pending in Neuse Township in November 2024, down by 16.9% month-over-month. Of the 59 sold homes, 56% were sold under asking, 31% were sold at asking, and 14% were sold over asking.

Days on Market for Neuse Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days36 Days-35.0%

Summary: Homes in Neuse Township had an average of 36 days on market in Nov 2024, down by 35% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 59 homes were sold in Neuse Township; 56% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 8% 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 2 Days Ago

Newest Listings in Neuse Township, NC

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