Is Little River Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little River Township is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Little River Township was a Neutral Market.

Key Takeaway

Little River Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Little River Township, NC

How much do homes in Little River Township, NC cost?

Median Sold Price

$513,000

$256/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$93,000(+22.1%)

Key Takeaway

Homes in Little River Township have sold for 22.1% more than they did a year ago.

Summary: The median home sold price in Little River Township was $513,000 in May 2024, up 22.1% from last year, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $377.5K$538.7K
+42.7%
3 $440K$513K
+16.6%
4 $613.7K$352.5K
-42.6%
5+ -$2.8M
N/A

Summary: Little River 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 increased by 42.7%, 3 bedroom homes increased by 16.6%, 4 bedroom homes decreased by 42.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Little River Township
+22.1%
Dunns Rock Township
+9.1%
Crab Creek Township
+3.3%

Housing Supply in Little River Township, NC

How many homes are available in Little River Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1120+81.8%

Summary: The Little River Township real estate market had 20 homes for sale in May 2024, a 81.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 03
+100.0%
3 811
+37.5%
4 25
+150.0%
5+ 11
0.0%

Summary: The Little River 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 increased by 100%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little River Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Little River Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Little River Township, NC

How long does it take to sell a home in Little River Township, NC?

Average Sale Time

May 2023May 2024CHANGE
1 Day18 Days+1700.0%

Summary: Homes in Little River Township had an average of 18 days on market in May 2024, up by 1700% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Little River Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Little River Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Little River Township, NC

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What housing markets are near Little River Township, NC?