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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Snow Hill Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Snow Hill Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Snow Hill Township, NC

How much do homes in Snow Hill Township, NC cost?

Median Sold Price

$219,900

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,900(+8.3%)

Key Takeaway

Homes in Snow Hill Township have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Snow Hill Township was $219,900 in November 2024, up 8.3% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $37K$152.5K
+312.2%
3 $198K$206K
+4.0%
4 $232K$242.9K
+4.7%
5+ $369.9K$259.9K
-29.7%

Summary: Snow Hill 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 312.2%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 29.7%.

Median Sold Price Compared To Nearby Cities

Snow Hill Township
+8.3%
Snow Hill
+7.3%

Housing Supply in Snow Hill Township, NC

How many homes are available in Snow Hill Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2224+9.1%

Summary: The Snow Hill Township real estate market had 24 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1920
+5.3%
4 12
+100.0%
5+ 11
0.0%

Summary: The Snow Hill 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 increased by 5.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Snow Hill Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Snow Hill Township in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Snow Hill Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days90 Days+403.7%

Summary: Homes in Snow Hill Township had an average of 90 days on market in Nov 2024, up by 403.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Snow Hill Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Snow Hill Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 22 Days Ago

Newest Listings in Snow Hill Township, NC

Nearby Markets to Snow Hill Township, NC