Is Grimesland, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Grimesland has remained a Seller's Market.
Key Takeaway
Grimesland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grimesland, NC
How much do homes in Grimesland, NC cost?
Median Sold Price
$285,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Grimesland have sold for 15.8% less than they did a year ago.
Summary: The median home sold price in Grimesland was $285,000 in April 2024, down 15.8% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $170K | N/A |
| 2 Bedrooms | $135.4K | $175K | +29.2% |
| 3 Bedrooms | $262K | $263K | 0.4% |
| 4 Bedrooms | $545.7K | $529K | -3.1% |
| 5+ Bedrooms | $355K | $409.9K | +15.5% |
Summary: Grimesland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 15.5%.
Median Sold Price Compared To Nearby Cities
| Grimesland Township | $310K | $302.9K | -2.3% |
| Grimesland | $338.5K | $285K | -15.8% |
Housing Supply in Grimesland, NC
How many homes are available in Grimesland, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Summary: The Grimesland real estate market had 18 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 12 | +50.0% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grimesland housing inventory by bedroom type for April 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 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grimesland, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Grimesland in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Grimesland, NC
How long does it take to sell a home in Grimesland, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 64 Days | +578.9% |
Summary: Homes in Grimesland had an average of 64 days on market in Apr 2024, up by 578.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Grimesland are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Grimesland; 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.
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