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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boonville Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Boonville Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Boonville Township, NC

How much do homes in Boonville Township, NC cost?

Median Sold Price

$240,000

$169/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since May 2023.

Key Takeaway

The sold price of homes in Boonville Township has remained the same since last year.

Summary: The median home sold price in Boonville Township was $240,000 in May 2024, the same as last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $217.5K$196.7K
-9.5%
3 $236.5K$243K
+2.7%
4 $445K$351K
-21.1%
5+ $300K$221K
-26.3%

Summary: Boonville 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 9.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 26.3%.

Median Sold Price Compared To Nearby Cities

North Liberty Township
+17.8%
Boonville Township
0.0%
Boonville
0%
North Knobs Township
-19.5%

Housing Supply in Boonville Township, NC

How many homes are available in Boonville Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
917+88.9%

Summary: The Boonville Township real estate market had 17 homes for sale in May 2024, a 88.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 612
+100.0%
4 13
+200.0%
5+ 00
0.0%

Summary: The Boonville 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 100%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boonville Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Boonville Township in May 2024, up 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 Boonville Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
41 Days89 Days+116.6%

Summary: Homes in Boonville Township had an average of 89 days on market in May 2024, up by 116.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 3 homes were sold in Boonville Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 5 Days Ago

Newest Listings in Boonville Township, NC

Nearby Markets to Boonville Township, NC

What housing markets are near Boonville Township, NC?