Is Providence 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, Providence Township has remained a Seller's Market.
Housing Prices in Providence Township, NC
How much do homes in Providence Township, NC cost?
Median Sold Price
$363,500
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Providence Township was $363,500 in April 2024, up 13.6% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $208K | $355K | +70.7% |
2 Bedrooms | $214.5K | $317K | +47.8% |
3 Bedrooms | $322.5K | $335K | +3.9% |
4 Bedrooms | $338K | $530K | +56.8% |
5+ Bedrooms | $535K | $465K | -13.1% |
Summary: Providence Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70.7%, 2 bedroom homes increased by 47.8%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 56.8%, and 5+ bedroom homes decreased by 13.1%.
Median Sold Price Compared To Nearby Cities
Providence Township | $320K | $363.5K | +13.6% |
Morgan Township | $302.5K | $321K | +6.1% |
Gold Hill Township | $299.9K | $270K | -10.0% |
Granite Quarry | $346.7K | $296K | -14.6% |
Housing Supply in Providence Township, NC
How many homes are available in Providence Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 54 | -1.8% |
Summary: The Providence Township real estate market had 54 homes for sale in April 2024, a 1.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 30 | 31 | +3.3% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Providence 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 decreased by 9.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Providence Township in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Providence Township, NC
How long does it take to sell a home in Providence Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 36 Days | +86.7% |
Summary: Homes in Providence Township had an average of 36 days on market in Apr 2024, up by 86.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Providence Township; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.