Is Old Fields Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Old Fields Township has remained a Seller's Market.
Housing Prices in Old Fields Township, NC
How much do homes in Old Fields Township, NC cost?
Median Sold Price
$350,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Old Fields Township was $350,000 in May 2024, up 1.5% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $159.9K | N/A |
3 Bedrooms | $343.9K | $345K | 0.3% |
4 Bedrooms | $485K | $406.9K | -16.1% |
5+ Bedrooms | - | - | N/A |
Summary: Old Fields 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 did not change, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Sims | $306K | $395K | +29.1% |
Springhill Township | $240K | $255K | +6.3% |
Old Fields Township | $344.9K | $350K | +1.5% |
Bailey Township | $309.9K | $301.2K | -2.8% |
Cross Roads Township | $211.8K | $200K | -5.6% |
Housing Supply in Old Fields Township, NC
How many homes are available in Old Fields Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 23 | -8.0% |
Summary: The Old Fields Township real estate market had 23 homes for sale in May 2024, a 8.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 22 | 19 | -13.6% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Old Fields 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 100%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Old Fields Township in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.
Days on Market for Old Fields Township, NC
How long does it take to sell a home in Old Fields Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
108 Days | 38 Days | -64.5% |
Summary: Homes in Old Fields Township had an average of 38 days on market in May 2024, down by 64.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Old Fields Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.