Is Bethel 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, Bethel Township was a Buyer's Market.
Key Takeaway
Bethel Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bethel Township, NC
How much do homes in Bethel Township, NC cost?
Median Sold Price
$239,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bethel Township have sold for 17.6% less than they did a year ago.
Summary: The median home sold price in Bethel Township was $239,000 in May 2024, down 17.6% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $102.5K | -18.0% |
| 2 Bedrooms | $36K | $115K | +219.4% |
| 3 Bedrooms | $327.5K | $299.9K | -8.4% |
| 4 Bedrooms | $355.7K | $238.9K | -32.8% |
| 5+ Bedrooms | $530K | $548.4K | +3.5% |
Summary: Bethel Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18%, 2 bedroom homes increased by 219.4%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 32.8%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Hertford | $272.5K | $281K | +3.1% |
| Hertford Township | $272.5K | $280.5K | +2.9% |
| Bethel Township | $290K | $239K | -17.6% |
Housing Supply in Bethel Township, NC
How many homes are available in Bethel Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 64 | 62 | -3.1% |
Summary: The Bethel Township real estate market had 62 homes for sale in May 2024, a 3.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 45 | 45 | 0.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bethel Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bethel Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Bethel Township in May 2024, down by 40.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.
Days on Market for Bethel Township, NC
How long does it take to sell a home in Bethel Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 90 Days | 49 Days | -45.8% |
Summary: Homes in Bethel Township had an average of 49 days on market in May 2024, down by 45.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bethel Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Bethel Township; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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