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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bandy's Township is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Bandy's Township was a Seller's Market.

Key Takeaway

Bandy's Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bandy's Township, NC

How much do homes in Bandy's Township, NC cost?

Median Sold Price

$267,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$72,000(+36.9%)

Key Takeaway

Homes in Bandy's Township have sold for 36.9% more than they did a year ago.

Summary: The median home sold price in Bandy's Township was $267,000 in March 2024, up 36.9% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $86K$214.5K
+149.4%
3 $196K$252.4K
+28.8%
4 $538K$542.5K
+0.8%
5+ --
N/A

Summary: Bandy's Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 149.4%, 3 bedroom homes increased by 28.8%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bandy's Township
+36.9%
Lower Fork Township
+33.8%
Vale
+16.3%
Icard Township
+8.1%

Housing Supply in Bandy's Township, NC

How many homes are available in Bandy's Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1817-5.6%

Summary: The Bandy's Township real estate market had 17 homes for sale in March 2024, a 5.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1514
-6.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Bandy's Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bandy's Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bandy's Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bandy's Township, NC

How long does it take to sell a home in Bandy's Township, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
10 Days24 Days+145.0%

Summary: Homes in Bandy's Township had an average of 24 days on market in Mar 2024, up by 145% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Bandy's Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 11 Days Ago

Newest Listings in Bandy's Township, NC

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What housing markets are near Bandy's Township, NC?