Is North Cove Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, North Cove Township was a Seller's Market.
Housing Prices in North Cove Township, NC
How much do homes in North Cove Township, NC cost?
Median Sold Price
$452,500
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Cove Township was $452,500 in May 2024, up 8.4% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $165K | +3.1% |
2 Bedrooms | $312.5K | $326K | +4.3% |
3 Bedrooms | $444.5K | $516.1K | +16.1% |
4 Bedrooms | - | $600K | N/A |
5+ Bedrooms | $585K | $225K | -61.5% |
Summary: North Cove Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 16.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 61.5%.
Median Sold Price Compared To Nearby Cities
North Cove Township | $417.5K | $452.5K | +8.4% |
Grassy Creek Township | $252K | $270K | +7.1% |
Housing Supply in North Cove Township, NC
How many homes are available in North Cove Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Summary: The North Cove Township real estate market had 15 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Cove 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in North Cove Township in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for North Cove Township, NC
How long does it take to sell a home in North Cove Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 328 Days | +1659.8% |
Summary: Homes in North Cove Township had an average of 328 days on market in May 2024, up by 1659.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in North Cove Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.