Is Asheboro Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Asheboro Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Asheboro Township has remained a Seller's Market.

Key Takeaway

Asheboro Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Asheboro Township, NC

How much do homes in Asheboro Township, NC cost?

Median Sold Price

$249,988

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$10,088(+4.2%)

Key Takeaway

Homes in Asheboro Township have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Asheboro Township was $249,988 in September 2024, up 4.2% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $117K$92.5K
-20.9%
2 $165K$183.5K
+11.2%
3 $250K$262.7K
+5.1%
4 $278.9K$307K
+10.0%
5+ $379K$649.9K
+71.5%

Summary: Asheboro Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.9%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 71.5%.

Median Sold Price Compared To Nearby Cities

Franklinville Township
+17.0%
Cedar Grove Township
+8.2%
Asheboro
+5.9%
Asheboro Township
+4.2%

Housing Supply in Asheboro Township, NC

How many homes are available in Asheboro Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
171164-4.1%

Summary: The Asheboro Township real estate market had 164 homes for sale in September 2024, a 4.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 2830
+7.1%
3 10697
-8.5%
4 2929
0.0%
5+ 87
-12.5%

Summary: The Asheboro Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3650+38.9%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Asheboro Township, you may be able to get a good deal. 44% of homes here sold below asking price last month.

Summary: A total of 50 homes were sold or pending in Asheboro Township in September 2024, up by 38.9% month-over-month. Of the 50 sold homes, 44% were sold under asking, 44% were sold at asking, and 12% were sold over asking.

Days on Market for Asheboro Township, NC

How long does it take to sell a home in Asheboro Township, NC?

Average Sale Time

Sep 2023Sep 2024CHANGE
22 Days27 Days+26.3%

Summary: Homes in Asheboro Township had an average of 27 days on market in Sep 2024, up by 26.3% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Asheboro Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 50 homes were sold in Asheboro Township; 72% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Asheboro Township, NC

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What housing markets are near Asheboro Township, NC?