Is Upper Hominy 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, Upper Hominy Township has remained a Seller's Market.
Housing Prices in Upper Hominy Township, NC
How much do homes in Upper Hominy Township, NC cost?
Median Sold Price
$404,500
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Upper Hominy Township was $404,500 in April 2024, up 5.1% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $318.5K | - | N/A |
2 Bedrooms | $272.5K | $305K | +11.9% |
3 Bedrooms | $392.7K | $415K | +5.7% |
4 Bedrooms | $552.5K | $493.5K | -10.7% |
5+ Bedrooms | $393.8K | $529.2K | +34.4% |
Summary: Upper Hominy Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 34.4%.
Median Sold Price Compared To Nearby Cities
Lower Hominy Township | $413.9K | $459.4K | +11.0% |
Beaverdam Township | $300K | $333K | +11.0% |
Candler | $399.7K | $434.6K | +8.7% |
Upper Hominy Township | $384.9K | $404.5K | +5.1% |
Avery Creek Township | $582K | $590K | +1.4% |
Housing Supply in Upper Hominy Township, NC
How many homes are available in Upper Hominy Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 63 | +8.6% |
Summary: The Upper Hominy Township real estate market had 63 homes for sale in April 2024, a 8.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 38 | 38 | 0.0% |
4 Bedrooms | 6 | 11 | +83.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Upper Hominy 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 decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Upper Hominy Township in April 2024, up by 8.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.
Days on Market for Upper Hominy Township, NC
How long does it take to sell a home in Upper Hominy Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 56 Days | +29.9% |
Summary: Homes in Upper Hominy Township had an average of 56 days on market in Apr 2024, up by 29.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Upper Hominy Township; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.