Is Edneyville Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Edneyville Township was a Seller's Market.
Key Takeaway
Edneyville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Edneyville Township, NC
How much do homes in Edneyville Township, NC cost?
Median Sold Price
$390,000
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Edneyville Township have sold for 5.2% less than they did a year ago.
Summary: The median home sold price in Edneyville Township was $390,000 in May 2024, down 5.2% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | $230K | -32.4% |
| 2 Bedrooms | $315K | $322.5K | +2.4% |
| 3 Bedrooms | $439K | $419K | -4.6% |
| 4 Bedrooms | $575K | $740.5K | +28.8% |
| 5+ Bedrooms | $1.3M | $850K | -37.9% |
Summary: Edneyville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.4%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 28.8%, and 5+ bedroom homes decreased by 37.9%.
Median Sold Price Compared To Nearby Cities
| Clear Creek Township | $385K | $392.4K | +1.9% |
| Fairview | $535K | $524K | -2.1% |
| Edneyville Township | $411.2K | $390K | -5.2% |
Housing Supply in Edneyville Township, NC
How many homes are available in Edneyville Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 39 | +14.7% |
Summary: The Edneyville Township real estate market had 39 homes for sale in May 2024, a 14.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Edneyville 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 22.2%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Edneyville Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Edneyville Township in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Edneyville Township, NC
How long does it take to sell a home in Edneyville Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 48 Days | 79 Days | +63.8% |
Summary: Homes in Edneyville Township had an average of 79 days on market in May 2024, up by 63.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Edneyville Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Edneyville Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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