Is O'Neals Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing O'Neals Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, O'Neals Township was a Seller's Market.

Key Takeaway

O'Neals Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in O'Neals Township, NC

How much do homes in O'Neals Township, NC cost?

Median Sold Price

$349,900

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,900(+1.1%)

Key Takeaway

Homes in O'Neals Township have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in O'Neals Township was $349,900 in November 2024, up 1.1% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $160K$175K
+9.4%
3 $342.9K$348K
+1.5%
4 $405K$381.4K
-5.8%
5+ -$400K
N/A

Summary: O'Neals 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 increased by 9.4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wilders Township
+4.7%
Dry Wells Township
+2.4%
O'Neals Township
+1.1%
Zebulon
-1.0%
Little River Township
-2.4%

Housing Supply in O'Neals Township, NC

How many homes are available in O'Neals Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7764-16.9%

Summary: The O'Neals Township real estate market had 64 homes for sale in November 2024, a 16.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 5649
-12.5%
4 2014
-30.0%
5+ 11
0.0%

Summary: The O'Neals 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
169-43.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in O'Neals Township, expect to pay close to the asking price. 77.8% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in O'Neals Township in November 2024, down by 43.8% month-over-month. Of the 9 sold homes, 0% were sold under asking, 78% were sold at asking, and 22% were sold over asking.

Days on Market for O'Neals Township, NC

How long does it take to sell a home in O'Neals Township, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
95 Days90 Days-4.9%

Summary: Homes in O'Neals Township had an average of 90 days on market in Nov 2024, down by 4.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in O'Neals Township; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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 21 Days Ago

Newest Listings in O'Neals Township, NC

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