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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yadkin Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Yadkin Township, NC

How much do homes in Yadkin Township, NC cost?

Median Sold Price

$269,900

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$20,100(-6.9%)

Key Takeaway

Homes in Yadkin Township have sold for 6.9% less than they did a year ago.

Summary: The median home sold price in Yadkin Township was $269,900 in May 2024, down 6.9% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $127.5K$115.2K
-9.6%
2 $204.9K$207.5K
+1.3%
3 $278.4K$250K
-10.2%
4 $376.9K$374.5K
-0.6%
5+ $404.9K$402.4K
-0.6%

Summary: Yadkin Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Cities

Germanton
+28.6%
Pinnacle
+19.7%
King
-3.3%
Yadkin Township
-6.9%

Housing Supply in Yadkin Township, NC

How many homes are available in Yadkin Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6368+7.9%

Summary: The Yadkin Township real estate market had 68 homes for sale in May 2024, a 7.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 86
-25.0%
3 3441
+20.6%
4 1718
+5.9%
5+ 32
-33.3%

Summary: The Yadkin 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 decreased by 25%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1418+28.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yadkin Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Yadkin Township in May 2024, up by 28.6% month-over-month. Of the 18 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Yadkin Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
26 Days37 Days+40.7%

Summary: Homes in Yadkin Township had an average of 37 days on market in May 2024, up by 40.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 18 homes were sold in Yadkin Township; 78% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 17% 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

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