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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethania Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Bethania Township, NC

How much do homes in Bethania Township, NC cost?

Median Sold Price

$260,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$3,040(+1.2%)

Key Takeaway

Homes in Bethania Township have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Bethania Township was $260,000 in May 2024, up 1.2% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $171.9K$143K
-16.8%
3 $255K$258K
+1.2%
4 $280K$327K
+16.8%
5+ $350K$365K
+4.3%

Summary: Bethania 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 16.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Cities

Tobaccoville
+14.5%
Pfafftown
+1.5%
Bethania Township
+1.2%
Rural Hall
-3.7%

Housing Supply in Bethania Township, NC

How many homes are available in Bethania Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3437+8.8%

Summary: The Bethania Township real estate market had 37 homes for sale in May 2024, a 8.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2223
+4.5%
4 78
+14.3%
5+ 12
+100.0%

Summary: The Bethania 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 remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethania Township, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Bethania Township in May 2024, up by 37.5% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.

Days on Market for Bethania Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
32 Days90 Days+179.4%

Summary: Homes in Bethania Township had an average of 90 days on market in May 2024, up by 179.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 11 homes were sold in Bethania Township; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 19 Days Ago

Newest Listings in Bethania Township, NC

Nearby Markets to Bethania Township, NC

What housing markets are near Bethania Township, NC?