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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vance Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Vance Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Vance Township, NC

How much do homes in Vance Township, NC cost?

Median Sold Price

$192,600

$101/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$17,400(-8.3%)

Key Takeaway

Homes in Vance Township have sold for 8.3% less than they did a month ago.

Summary: The median home sold price in Vance Township was $192,600 in December 2024, down 8.3% from last month, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $210K-
N/A
3 -$192.6K
N/A
4 --
N/A
5+ --
N/A

Summary: Vance Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Vance Township
-8.3%
Contentnea Neck Township
-14.4%
Hookerton Township
-24.9%

Housing Supply in Vance Township, NC

How many homes are available in Vance Township, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
78+14.3%

Summary: The Vance Township real estate market had 8 homes for sale in December 2024, a 14.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 67
+16.7%
4 01
+100.0%
5+ 00
0.0%

Summary: The Vance Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vance Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Vance Township in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Vance Township, NC

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

Average Sale Time

Nov 2024Dec 2024CHANGE
9 Days20 Days+122.2%

Summary: Homes in Vance Township had an average of 20 days on market in Dec 2024, up by 122.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 1 homes were sold in Vance Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Vance Township, NC

Nearby Markets to Vance Township, NC

What housing markets are near Vance Township, NC?