Is Averasboro 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, Averasboro Township has remained a Seller's Market.
Housing Prices in Averasboro Township, NC
How much do homes in Averasboro Township, NC cost?
Median Sold Price
$235,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Averasboro Township was $235,000 in April 2024, up 10.1% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $163K | - | N/A |
2 Bedrooms | $155.5K | $149K | -4.2% |
3 Bedrooms | $222.4K | $241K | +8.3% |
4 Bedrooms | $332.9K | $308.9K | -7.2% |
5+ Bedrooms | $603.7K | $409.6K | -32.1% |
Summary: Averasboro 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 decreased by 4.2%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 32.1%.
Median Sold Price Compared To Nearby Cities
Dunn | $225.3K | $254.9K | +13.2% |
Dunn | $225.9K | $255K | +12.9% |
Duke Township | $195K | $217K | +11.3% |
Averasboro Township | $213.4K | $235K | +10.1% |
Banner Township | $337.2K | $329.9K | -2.2% |
Housing Supply in Averasboro Township, NC
How many homes are available in Averasboro Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 73 | -1.4% |
Summary: The Averasboro Township real estate market had 73 homes for sale in April 2024, a 1.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 16 | 15 | -6.3% |
3 Bedrooms | 44 | 42 | -4.5% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Averasboro 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 decreased by 6.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 16 | -15.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Averasboro Township in April 2024, down by 15.8% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for Averasboro Township, NC
How long does it take to sell a home in Averasboro Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 46 Days | -38.9% |
Summary: Homes in Averasboro Township had an average of 46 days on market in Apr 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Averasboro Township; 44% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.