Is Kinston Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Kinston Township has remained a Seller's Market.
Housing Prices in Kinston Township, NC
How much do homes in Kinston Township, NC cost?
Median Sold Price
$180,666
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kinston Township was $180,666 in May 2024, up 2.8% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $21K | $20.5K | -2.4% |
2 Bedrooms | $100K | $80K | -20.0% |
3 Bedrooms | $169K | $180.3K | +6.7% |
4 Bedrooms | $232.4K | $237.2K | +2.1% |
5+ Bedrooms | $285K | $298.5K | +4.7% |
Summary: Kinston Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Cities
Vance Township | $131.2K | $152K | +15.9% |
Kinston | $173.6K | $180.6K | +4.0% |
Kinston Township | $175.7K | $180.6K | +2.8% |
Housing Supply in Kinston Township, NC
How many homes are available in Kinston Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
162 | 164 | +1.2% |
Summary: The Kinston Township real estate market had 164 homes for sale in May 2024, a 1.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 20 | 21 | +5.0% |
3 Bedrooms | 95 | 98 | +3.2% |
4 Bedrooms | 38 | 35 | -7.9% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Kinston Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 40 | +48.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Kinston Township in May 2024, up by 48.1% month-over-month. Of the 40 sold homes, 40% were sold under asking, 35% were sold at asking, and 25% were sold over asking.
Days on Market for Kinston Township, NC
How long does it take to sell a home in Kinston Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
54 Days | 36 Days | -32.3% |
Summary: Homes in Kinston Township had an average of 36 days on market in May 2024, down by 32.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 40 homes were sold in Kinston Township; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.