Is Contentnea Neck Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Contentnea Neck Township was a Seller's Market.
Key Takeaway
Contentnea Neck Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Contentnea Neck Township, NC
How much do homes in Contentnea Neck Township, NC cost?
Median Sold Price
$258,450
$143/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Contentnea Neck Township have sold for 26.7% less than they did a month ago.
Summary: The median home sold price in Contentnea Neck Township was $258,450 in May 2024, down 26.7% from last month, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $310K | $258.4K | -16.6% |
| 4 Bedrooms | $650K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Contentnea Neck Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 16.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Contentnea Neck Township, NC
How many homes are available in Contentnea Neck Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Contentnea Neck Township real estate market had 13 homes for sale in May 2024, a 7.1% 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 | 12 | 12 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Contentnea Neck 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 decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Contentnea Neck Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Contentnea Neck Township in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Contentnea Neck Township, NC
How long does it take to sell a home in Contentnea Neck Township, NC?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 85 Days | 24 Days | -71.4% |
Summary: Homes in Contentnea Neck Township had an average of 24 days on market in May 2024, down by 71.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Contentnea Neck Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Contentnea Neck Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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