Is Williams Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Williams Township has remained a Seller's Market.
Housing Prices in Williams Township, NC
How much do homes in Williams Township, NC cost?
Median Sold Price
$788,225
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Williams Township was $788,225 in May 2024, up 12.5% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $215K | N/A |
2 Bedrooms | $475K | $465K | -2.1% |
3 Bedrooms | $673.5K | $695K | +3.2% |
4 Bedrooms | $925K | $985K | +6.5% |
5+ Bedrooms | $920.7K | $1.1M | +20.0% |
Summary: Williams Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
New Hope Township | $940K | $1.1M | +19.0% |
Williams Township | $700.6K | $788.2K | +12.5% |
Chapel Hill Township | $607.5K | $641.5K | +5.6% |
Triangle Township | $419.8K | $440K | +4.8% |
Baldwin Township | $600.8K | $625K | +4.0% |
Housing Supply in Williams Township, NC
How many homes are available in Williams Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
133 | 144 | +8.3% |
Summary: The Williams Township real estate market had 144 homes for sale in May 2024, a 8.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 11 | -21.4% |
3 Bedrooms | 44 | 48 | +9.1% |
4 Bedrooms | 41 | 51 | +24.4% |
5+ Bedrooms | 33 | 33 | 0.0% |
Summary: The Williams Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 40 | +33.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Williams Township in May 2024, up by 33.3% month-over-month. Of the 40 sold homes, 45% were sold under asking, 33% were sold at asking, and 23% were sold over asking.
Days on Market for Williams Township, NC
How long does it take to sell a home in Williams Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
76 Days | 34 Days | -54.4% |
Summary: Homes in Williams Township had an average of 34 days on market in May 2024, down by 54.4% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 40 homes were sold in Williams Township; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.