Is Plymouth, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plymouth is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Plymouth was a Seller's Market.

Key Takeaway

Plymouth 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 Plymouth, NC

How much do homes in Plymouth, NC cost?

Median Sold Price

$150,000

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,000(+57.9%)

Key Takeaway

Homes in Plymouth have sold for 57.9% more than they did a year ago.

Summary: The median home sold price in Plymouth was $150,000 in October 2024, up 57.9% from last year, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $46.5K$60K
+29.0%
3 $95K$165K
+73.7%
4 $170K$150K
-11.8%
5+ $58.9K$202.5K
+243.8%

Summary: Plymouth 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 29%, 3 bedroom homes increased by 73.7%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 243.8%.

Median Sold Price Compared To Nearby Cities

Plymouth
+57.9%
Plymouth Township
+57.9%

Housing Supply in Plymouth, NC

How many homes are available in Plymouth, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2930+3.4%

Summary: The Plymouth real estate market had 30 homes for sale in October 2024, a 3.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1718
+5.9%
4 67
+16.7%
5+ 00
0.0%

Summary: The Plymouth 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 decreased by 16.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plymouth, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Plymouth in October 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Plymouth, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days71 Days+196.7%

Summary: Homes in Plymouth had an average of 71 days on market in Oct 2024, up by 196.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Plymouth; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 Plymouth, NC

Nearby Markets to Plymouth, NC