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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nixonton Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Nixonton Township was a Buyer's Market.

Key Takeaway

Nixonton Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Nixonton Township, NC

How much do homes in Nixonton Township, NC cost?

Median Sold Price

$359,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,750(+9.4%)

Key Takeaway

Homes in Nixonton Township have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Nixonton Township was $359,000 in November 2024, up 9.4% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $284.9K$250K
-12.3%
3 $295K$331K
+12.2%
4 $379K$397.5K
+4.9%
5+ $432.5K$468.5K
+8.3%

Summary: Nixonton Township 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 decreased by 12.3%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Cities

Nixonton Township
+9.4%
Mount Hermon Township
+7.1%
Elizabeth City
+7.0%
Elizabeth City Township
+7.0%

Housing Supply in Nixonton Township, NC

How many homes are available in Nixonton Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
116125+7.8%

Summary: The Nixonton Township real estate market had 125 homes for sale in November 2024, a 7.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 6367
+6.3%
4 3941
+5.1%
5+ 1214
+16.7%

Summary: The Nixonton Township 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 increased by 50%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1619+18.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nixonton Township, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Nixonton Township in November 2024, up by 18.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.

Days on Market for Nixonton Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days64 Days+149.1%

Summary: Homes in Nixonton Township had an average of 64 days on market in Nov 2024, up by 149.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 19 homes were sold in Nixonton Township; 42% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 26% 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 17 Days Ago

Newest Listings in Nixonton Township, NC

Nearby Markets to Nixonton Township, NC

What housing markets are near Nixonton Township, NC?