Is Grimesland, 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, Grimesland has remained a Seller's Market.
Housing Prices in Grimesland, NC
How much do homes in Grimesland, NC cost?
Median Sold Price
$295,450
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Grimesland was $295,450 in May 2024, down 13.1% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $170K | N/A |
2 Bedrooms | $135.4K | $175K | +29.2% |
3 Bedrooms | $315K | $266K | -15.6% |
4 Bedrooms | $441.5K | $529K | +19.8% |
5+ Bedrooms | $355K | $409.9K | +15.5% |
Summary: Grimesland housing prices by bedroom type for May 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 decreased by 15.6%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 15.5%.
Median Sold Price Compared To Nearby Cities
Grimesland Township | $310.3K | $302.9K | -2.4% |
Grimesland | $340K | $295.4K | -13.1% |
Housing Supply in Grimesland, NC
How many homes are available in Grimesland, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 20 | -4.8% |
Summary: The Grimesland real estate market had 20 homes for sale in May 2024, a 4.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grimesland 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Grimesland in May 2024, up by 100.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
3 Days | 20 Days | +455.7% |
Summary: Homes in Grimesland had an average of 20 days on market in May 2024, up by 455.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Grimesland; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.