Is Raeford 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, Raeford Township has remained a Seller's Market.
Housing Prices in Raeford Township, NC
How much do homes in Raeford Township, NC cost?
Median Sold Price
$282,360
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Raeford Township was $282,360 in April 2024, up 6.5% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | $22K | -75.6% |
2 Bedrooms | $124.5K | $142.2K | +14.2% |
3 Bedrooms | $242.4K | $256.5K | +5.8% |
4 Bedrooms | $310K | $334K | +7.7% |
5+ Bedrooms | $370K | $395K | +6.8% |
Summary: Raeford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.6%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Cities
Raeford Township | $265K | $282.3K | +6.5% |
Raeford | $265K | $281.9K | +6.4% |
Quewhiffle Township | $323.9K | $336.1K | +3.8% |
Housing Supply in Raeford Township, NC
How many homes are available in Raeford Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
211 | 211 | 0.0% |
Summary: The Raeford Township real estate market had 211 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 129 | 116 | -10.1% |
4 Bedrooms | 65 | 73 | +12.3% |
5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The Raeford 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 increased by 100%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 58 | +26.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 58 homes were sold or pending in Raeford Township in April 2024, up by 26.1% month-over-month. Of the 58 sold homes, 26% were sold under asking, 48% were sold at asking, and 26% were sold over asking.
Days on Market for Raeford Township, NC
How long does it take to sell a home in Raeford Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 43 Days | -25.2% |
Summary: Homes in Raeford Township had an average of 43 days on market in Apr 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 58 homes were sold in Raeford Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.