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 December 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

$420,620

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$40,635(+10.7%)

Key Takeaway

Homes in Neuse Township have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Neuse Township was $420,620 in December 2024, up 10.7% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $200K$226.5K
+13.3%
2 $255K$274K
+7.5%
3 $350K$365.8K
+4.5%
4 $515K$565K
+9.7%
5+ $675K$825K
+22.2%

Summary: Neuse Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 22.2%.

Median Sold Price Compared To Nearby Cities

Bartons Creek Township
+11.1%
Neuse Township
+10.7%
Raleigh
+6.8%
Saint Matthews Township
+1.5%
Wake Forest Township
0.1%

Housing Supply in Neuse Township, NC

How many homes are available in Neuse Township, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
243211-13.2%

Summary: The Neuse Township real estate market had 211 homes for sale in December 2024, a 13.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 43
-25.0%
2 3637
+2.8%
3 9578
-17.9%
4 7261
-15.3%
5+ 3632
-11.1%

Summary: The Neuse Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
6057-5.0%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

4 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 57 homes were sold or pending in Neuse Township in December 2024, down by 5.0% month-over-month. Of the 57 sold homes, 67% were sold under asking, 26% were sold at asking, and 7% 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

Dec 2023Dec 2024CHANGE
48 Days33 Days-29.4%

Summary: Homes in Neuse Township had an average of 33 days on market in Dec 2024, down by 29.4% compared to last year.

Breakdown of Home Sale Times

31 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 December 2024, 57 homes were sold in Neuse Township; 54% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 9% 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 4 Days Ago

Newest Listings in Neuse Township, NC

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