Is Neuse Township, 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, Neuse Township has remained a Seller's Market.
Housing Prices in Neuse Township, NC
How much do homes in Neuse Township, NC cost?
Median Sold Price
$390,463
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Neuse Township was $390,463 in April 2024, up 0.1% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $172.5K | $220K | +27.5% |
2 Bedrooms | $262K | $270K | +3.1% |
3 Bedrooms | $360.9K | $350.8K | -2.8% |
4 Bedrooms | $500K | $530K | +6.0% |
5+ Bedrooms | $720K | $825K | +14.6% |
Summary: Neuse Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.5%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
Bartons Creek Township | $860K | $930.8K | +8.2% |
Wake Forest Township | $494.2K | $515.1K | +4.2% |
Raleigh | $414.8K | $430.1K | +3.7% |
Saint Matthews Township | $365.4K | $368.9K | +1.0% |
Neuse Township | $389.9K | $390.4K | 0.1% |
Housing Supply in Neuse Township, NC
How many homes are available in Neuse Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
246 | 237 | -3.7% |
Summary: The Neuse Township real estate market had 237 homes for sale in April 2024, a 3.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 31 | 28 | -9.7% |
3 Bedrooms | 109 | 109 | 0.0% |
4 Bedrooms | 75 | 73 | -2.7% |
5+ Bedrooms | 28 | 25 | -10.7% |
Summary: The Neuse Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 10.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 83 | +16.9% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 83 homes were sold or pending in Neuse Township in April 2024, up by 16.9% month-over-month. Of the 83 sold homes, 47% were sold under asking, 23% were sold at asking, and 30% were sold over asking.
Days on Market for Neuse Township, NC
How long does it take to sell a home in Neuse Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 21 Days | -66.9% |
Summary: Homes in Neuse Township had an average of 21 days on market in Apr 2024, down by 66.9% compared to last year.
Breakdown of Home Sale Times
68 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 83 homes were sold in Neuse Township; 82% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.