Is Smithville 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, Smithville Township has remained a Seller's Market.
Housing Prices in Smithville Township, NC
How much do homes in Smithville Township, NC cost?
Median Sold Price
$562,883
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Smithville Township was $562,883 in April 2024, up 9.3% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $269K | $293.5K | +9.1% |
2 Bedrooms | $375K | $385K | +2.7% |
3 Bedrooms | $509.3K | $529.6K | +4.0% |
4 Bedrooms | $745K | $815K | +9.4% |
5+ Bedrooms | $1.3M | $1.4M | +2.2% |
Summary: Smithville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
Saint James | $625K | $714.9K | +14.4% |
Caswell Beach | $512.5K | $582K | +13.6% |
Smithville Township | $515K | $562.8K | +9.3% |
Boiling Spring Lakes | $300K | $311.9K | +4.0% |
Southport | $440.2K | $419.5K | -4.7% |
Housing Supply in Smithville Township, NC
How many homes are available in Smithville Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
478 | 493 | +3.1% |
Summary: The Smithville Township real estate market had 493 homes for sale in April 2024, a 3.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 10 | +25.0% |
2 Bedrooms | 52 | 52 | 0.0% |
3 Bedrooms | 270 | 270 | 0.0% |
4 Bedrooms | 96 | 111 | +15.6% |
5+ Bedrooms | 52 | 50 | -3.8% |
Summary: The Smithville Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 88 | +2.3% |
Asking Price vs. Sold Price
62 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 88 homes were sold or pending in Smithville Township in April 2024, up by 2.3% month-over-month. Of the 88 sold homes, 70% were sold under asking, 18% were sold at asking, and 11% were sold over asking.
Days on Market for Smithville Township, NC
How long does it take to sell a home in Smithville Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 58 Days | -9.9% |
Summary: Homes in Smithville Township had an average of 58 days on market in Apr 2024, down by 9.9% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During April 2024, 88 homes were sold in Smithville Township; 47% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.