Is Upper Little River Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Little River Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Upper Little River Township was a Buyer's Market.

Key Takeaway

Upper Little River 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 Upper Little River Township, NC

How much do homes in Upper Little River Township, NC cost?

Median Sold Price

$364,700

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,200(+8.4%)

Key Takeaway

Homes in Upper Little River Township have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Upper Little River Township was $364,700 in November 2024, up 8.4% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$70K
N/A
2 $261.5K$187K
-28.5%
3 $315K$339.9K
+7.9%
4 $395K$389.7K
-1.3%
5+ $341.4K$515K
+50.8%

Summary: Upper Little River 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 28.5%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 50.8%.

Median Sold Price Compared To Nearby Cities

Broadway
+9.8%
Broadway
+9.5%
Upper Little River Township
+8.4%
Barbecue Township
+8.2%
Anderson Creek Township
+0.6%

Housing Supply in Upper Little River Township, NC

How many homes are available in Upper Little River Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8875-14.8%

Summary: The Upper Little River Township real estate market had 75 homes for sale in November 2024, a 14.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 3832
-15.8%
4 4840
-16.7%
5+ 11
0.0%

Summary: The Upper Little River 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 100%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1712-29.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Little River Township, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Upper Little River Township in November 2024, down by 29.4% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.

Days on Market for Upper Little River Township, NC

How long does it take to sell a home in Upper Little River Township, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
86 Days127 Days+48.5%

Summary: Homes in Upper Little River Township had an average of 127 days on market in Nov 2024, up by 48.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Upper Little River Township; 17% of homes were sold within 30 days, 17% 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 17 Days Ago

Newest Listings in Upper Little River Township, NC

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