Is Salisbury 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, Salisbury Township has remained a Seller's Market.
Housing Prices in Salisbury Township, NC
How much do homes in Salisbury Township, NC cost?
Median Sold Price
$270,121
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Salisbury Township was $270,121 in April 2024, up 11% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $200K | +2.6% |
2 Bedrooms | $166.9K | $186.4K | +11.7% |
3 Bedrooms | $242.3K | $263.8K | +8.9% |
4 Bedrooms | $315K | $330K | +4.8% |
5+ Bedrooms | $410K | $450K | +9.8% |
Summary: Salisbury Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Cities
Franklin Township | $260.6K | $300K | +15.1% |
Spencer | $212K | $240K | +13.2% |
Salisbury Township | $243.2K | $270.1K | +11.0% |
Salisbury | $250K | $274.9K | +10.0% |
East Spencer | $217.5K | $228.9K | +5.2% |
Housing Supply in Salisbury Township, NC
How many homes are available in Salisbury Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
454 | 497 | +9.5% |
Summary: The Salisbury Township real estate market had 497 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 59 | 61 | +3.4% |
3 Bedrooms | 277 | 287 | +3.6% |
4 Bedrooms | 91 | 115 | +26.4% |
5+ Bedrooms | 25 | 30 | +20.0% |
Summary: The Salisbury Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 103 | +45.1% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 103 homes were sold or pending in Salisbury Township in April 2024, up by 45.1% month-over-month. Of the 103 sold homes, 50% were sold under asking, 28% were sold at asking, and 21% were sold over asking.
Days on Market for Salisbury Township, NC
How long does it take to sell a home in Salisbury Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 51 Days | +42.0% |
Summary: Homes in Salisbury Township had an average of 51 days on market in Apr 2024, up by 42% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During April 2024, 103 homes were sold in Salisbury Township; 52% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.