Is Mulberry 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, Mulberry Township has remained a Seller's Market.
Housing Prices in Mulberry Township, NC
How much do homes in Mulberry Township, NC cost?
Median Sold Price
$220,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mulberry Township was $220,000 in April 2024, up 11.4% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $159.5K | +38.7% |
2 Bedrooms | $154.5K | $189.9K | +22.9% |
3 Bedrooms | $220.5K | $232K | +5.2% |
4 Bedrooms | $220K | $305K | +38.6% |
5+ Bedrooms | - | - | N/A |
Summary: Mulberry Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.7%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 38.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mulberry Township | $197.5K | $220K | +11.4% |
Hays | $235K | $240.5K | +2.3% |
Millers Creek | $269K | $260.4K | -3.2% |
Mc Grady | $500K | $245K | -51.0% |
Housing Supply in Mulberry Township, NC
How many homes are available in Mulberry Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Summary: The Mulberry Township real estate market had 16 homes for sale in April 2024, a 5.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 12 | 9 | -25.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mulberry Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Mulberry Township in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mulberry Township, NC
How long does it take to sell a home in Mulberry Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 47 Days | +220.5% |
Summary: Homes in Mulberry Township had an average of 47 days on market in Apr 2024, up by 220.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Mulberry Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.