Is Moyock, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moyock is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Moyock was a Buyer's Market.

Key Takeaway

Moyock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Moyock, NC

How much do homes in Moyock, NC cost?

Median Sold Price

$488,500

$218/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$26,500(+5.7%)

Key Takeaway

Homes in Moyock have sold for 5.7% more than they did a month ago.

Summary: The median home sold price in Moyock was $488,500 in May 2024, up 5.7% from last month, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $399K$427.5K
+7.1%
4 $515K$487K
-5.4%
5+ $505K$572K
+13.3%

Summary: Moyock 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 increased by 7.1%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 13.3%.

Median Sold Price Compared To Nearby Cities

Moyock
+5.7%
Moyock Township
+5.4%

Housing Supply in Moyock, NC

How many homes are available in Moyock, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
215230+7.0%

Summary: The Moyock real estate market had 230 homes for sale in May 2024, a 7.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 8284
+2.4%
4 90104
+15.6%
5+ 4241
-2.4%

Summary: The Moyock 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 2.4%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 2.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3145+45.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moyock, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 45 homes were sold or pending in Moyock in May 2024, up by 45.2% month-over-month. Of the 22 sold homes, 27% were sold under asking, 55% were sold at asking, and 18% were sold over asking.

Days on Market for Moyock, NC

How long does it take to sell a home in Moyock, NC?

Average Sale Time

Apr 2024May 2024CHANGE
81 Days30 Days-62.3%

Summary: Homes in Moyock had an average of 30 days on market in May 2024, down by 62.3% compared to last month.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 45 homes were sold in Moyock; 69% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 11% 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

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