Is McLauchlin Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, McLauchlin Township has remained a Seller's Market.
Housing Prices in McLauchlin Township, NC
How much do homes in McLauchlin Township, NC cost?
Median Sold Price
$283,300
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in McLauchlin Township was $283,300 in April 2024, up 6.9% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $165K | $189K | +14.5% |
3 Bedrooms | $245.2K | $259.9K | +6.0% |
4 Bedrooms | $315.5K | $336.3K | +6.6% |
5+ Bedrooms | $380K | $391.5K | +3.0% |
Summary: McLauchlin Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
Stonewall Township | $229.7K | $285K | +24.0% |
Seventy-First Township | $192.3K | $211.6K | +10.1% |
Rockfish Township | $230K | $252.8K | +9.9% |
McLauchlin Township | $265K | $283.3K | +6.9% |
Raeford Township | $265K | $282.3K | +6.5% |
Housing Supply in McLauchlin Township, NC
How many homes are available in McLauchlin Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
130 | 143 | +10.0% |
Summary: The McLauchlin Township real estate market had 143 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 80 | 83 | +3.8% |
4 Bedrooms | 37 | 44 | +18.9% |
5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The McLauchlin Township housing inventory by bedroom type for April 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 3.8%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 36 | +28.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in McLauchlin Township in April 2024, up by 28.6% month-over-month. Of the 36 sold homes, 31% were sold under asking, 44% were sold at asking, and 25% were sold over asking.
Days on Market for McLauchlin Township, NC
How long does it take to sell a home in McLauchlin Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 29 Days | -43.4% |
Summary: Homes in McLauchlin Township had an average of 29 days on market in Apr 2024, down by 43.4% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in McLauchlin Township; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.