Is Beulah Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Beulah Township has remained a Seller's Market.
Key Takeaway
Beulah Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beulah Township, NC
How much do homes in Beulah Township, NC cost?
Median Sold Price
$277,450
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Beulah Township have sold for 11% more than they did a year ago.
Summary: The median home sold price in Beulah Township was $277,450 in March 2024, up 11% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $193.8K | $208.2K | +7.4% |
| 3 Bedrooms | $247.9K | $274.9K | +10.9% |
| 4 Bedrooms | $347.5K | $382K | +9.9% |
| 5+ Bedrooms | $397.5K | - | N/A |
Summary: Beulah 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 7.4%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Great Swamp Township | $239.9K | $299.9K | +25.0% |
| Beulah Township | $249.9K | $277.4K | +11.0% |
| Kenly | $250K | $276K | +10.4% |
| Micro Township | $319.9K | $287.4K | -10.1% |
Housing Supply in Beulah Township, NC
How many homes are available in Beulah Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Summary: The Beulah Township real estate market had 22 homes for sale in March 2024, a 4.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Beulah 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 increased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beulah Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Beulah Township in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Beulah Township, NC
How long does it take to sell a home in Beulah Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 115 Days | 93 Days | -18.5% |
Summary: Homes in Beulah Township had an average of 93 days on market in Mar 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Beulah Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 5 homes were sold in Beulah Township; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
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