Is Boon Hill 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, Boon Hill Township was a Seller's Market.
Housing Prices in Boon Hill Township, NC
How much do homes in Boon Hill Township, NC cost?
Median Sold Price
$302,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Boon Hill Township was $302,000 in May 2024, down 2.2% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $141K | $234.9K | +66.6% |
3 Bedrooms | $280K | $302K | +7.9% |
4 Bedrooms | $389.9K | $364.9K | -6.4% |
5+ Bedrooms | - | - | N/A |
Summary: Boon Hill 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 66.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Fork Township | $294.9K | $301K | +2.1% |
Pine Level Township | $295K | $298K | +1.0% |
Boon Hill Township | $308.9K | $302K | -2.2% |
Princeton | $333.7K | $313.1K | -6.2% |
Housing Supply in Boon Hill Township, NC
How many homes are available in Boon Hill Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 47 | +2.2% |
Summary: The Boon Hill Township real estate market had 47 homes for sale in May 2024, a 2.2% increase 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 | 3 | 2 | -33.3% |
3 Bedrooms | 36 | 38 | +5.6% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Boon Hill 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 33.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
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 Boon Hill Township in May 2024, down by 25.0% 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 Boon Hill Township, NC
How long does it take to sell a home in Boon Hill Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
127 Days | 30 Days | -76.3% |
Summary: Homes in Boon Hill Township had an average of 30 days on market in May 2024, down by 76.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Boon Hill 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.