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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrell Township is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Harrell Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Harrell Township, NC

How much do homes in Harrell Township, NC cost?

Median Sold Price

$292,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$7,500(-2.5%)

Key Takeaway

Homes in Harrell Township have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Harrell Township was $292,000 in May 2024, down 2.5% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $131.7K-
N/A
2 $314K$324K
+3.2%
3 $317.5K$260K
-18.1%
4 $355.7K-
N/A
5+ --
N/A

Summary: Harrell 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 3.2%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Green Mountain
-2.0%
Harrell Township
-2.5%

Housing Supply in Harrell Township, NC

How many homes are available in Harrell Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
79+28.6%

Summary: The Harrell Township real estate market had 9 homes for sale in May 2024, a 28.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 33
0.0%
3 46
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Harrell 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

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 Harrell 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 Harrell Township in May 2024, the same as the previous 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 Harrell Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
165 Days38 Days-77.0%

Summary: Homes in Harrell Township had an average of 38 days on market in May 2024, down by 77% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Harrell Township has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Harrell Township; 0% of homes were sold within 30 days, 100% 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 Harrell Township, NC

Nearby Markets to Harrell Township, NC

What housing markets are near Harrell Township, NC?