Is Grifton 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, Grifton Township has remained a Seller's Market.
Key Takeaway
Grifton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grifton Township, NC
How much do homes in Grifton Township, NC cost?
Median Sold Price
$208,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Grifton Township have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Grifton Township was $208,000 in May 2024, up 9.5% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $83K | $63K | -24.1% |
| 3 Bedrooms | $190K | $208K | +9.5% |
| 4 Bedrooms | $350K | $229.9K | -34.3% |
| 5+ Bedrooms | $150K | - | N/A |
Summary: Grifton Township 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 decreased by 24.1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 34.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ayden | $211.5K | $249.9K | +18.2% |
| Ayden Township | $220K | $255K | +15.9% |
| Swift Creek Township | $307.9K | $350K | +13.6% |
| Grifton | $189K | $208K | +10.1% |
| Grifton Township | $190K | $208K | +9.5% |
Housing Supply in Grifton Township, NC
How many homes are available in Grifton Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The Grifton Township real estate market had 28 homes for sale in May 2024, a 7.7% increase 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 | 22 | 23 | +4.5% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Grifton 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 increased by 4.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grifton Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Grifton Township in May 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Grifton Township, NC
How long does it take to sell a home in Grifton Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 63 Days | +57.3% |
Summary: Homes in Grifton Township had an average of 63 days on market in May 2024, up by 57.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Grifton Township has remained consistent over time.
Summary: During May 2024, 7 homes were sold in Grifton Township; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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