Is Wentworth 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, Wentworth Township has remained a Seller's Market.
Housing Prices in Wentworth Township, NC
How much do homes in Wentworth Township, NC cost?
Median Sold Price
$275,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wentworth Township was $275,000 in April 2024, up 19.8% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $228.4K | N/A |
2 Bedrooms | $162.5K | $197K | +21.2% |
3 Bedrooms | $234.5K | $284.9K | +21.5% |
4 Bedrooms | $285K | $415K | +45.6% |
5+ Bedrooms | $355K | $372.4K | +4.9% |
Summary: Wentworth 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 21.2%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 45.6%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Cities
Wentworth Township | $229.5K | $275K | +19.8% |
Reidsville | $200.6K | $219.6K | +9.5% |
Reidsville Township | $200.9K | $219.6K | +9.3% |
Simpsonville Township | $385.1K | $395K | +2.6% |
Housing Supply in Wentworth Township, NC
How many homes are available in Wentworth Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 24 | -11.1% |
Summary: The Wentworth Township real estate market had 24 homes for sale in April 2024, a 11.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 17 | 14 | -17.6% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Wentworth 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 16.7%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 6 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Wentworth Township in April 2024, down by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Wentworth Township, NC
How long does it take to sell a home in Wentworth Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 67 Days | +1545.9% |
Summary: Homes in Wentworth Township had an average of 67 days on market in Apr 2024, up by 1545.9% compared to last year.
Breakdown of Home Sale Times
2 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, 6 homes were sold in Wentworth Township; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.