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 seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in O'Neals Township, NC

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

Median Sold Price

$349,950

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,950(+1.4%)

Key Takeaway

Homes in O'Neals Township have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in O'Neals Township was $349,950 in October 2024, up 1.4% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $160K$175K
+9.4%
3 $344.4K$348K
+1.0%
4 $401K$390K
-2.7%
5+ -$400K
N/A

Summary: O'Neals Township housing prices by bedroom type for October 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%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wilders Township
+5.0%
O'Neals Township
+1.4%
Zebulon
0.0%
Little River Township
-1.8%

Housing Supply in O'Neals Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7177+8.5%

Summary: The O'Neals Township real estate market had 77 homes for sale in October 2024, a 8.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 5558
+5.5%
4 1417
+21.4%
5+ 11
0.0%

Summary: The O'Neals Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1016+60.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 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. 50% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in O'Neals Township in October 2024, up by 60.0% month-over-month. Of the 16 sold homes, 19% were sold under asking, 50% were sold at asking, and 31% 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

Oct 2023Oct 2024CHANGE
127 Days90 Days-28.9%

Summary: Homes in O'Neals Township had an average of 90 days on market in Oct 2024, down by 28.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 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 October 2024, 16 homes were sold in O'Neals Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in O'Neals Township, NC

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