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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bingham Township is a seller's market

Buyer's
Market

Difference Since February 2022

At the same time last year, Bingham Township was a Neutral Market.

Key Takeaway

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

How much do homes in Bingham Township, NC cost?

Median Sold Price

$429,524

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$72,103(+20.2%)

Key Takeaway

Homes in Bingham Township have sold for 20.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 -$360K
N/A
2 $350K$267.5K
-23.6%
3 $357.4K$420K
+17.5%
4 -$647.5K
N/A
5+ $1.1M$1.0M
-7.6%

Median Sold Price Compared To Nearby Cities

Cheeks Township
+30.7%
Bingham Township
+20.2%
Baldwin Township
+19.9%
Efland
+15.4%
Chapel Hill Township
+10.1%

How many homes are available in Bingham Township, NC?

Number of Homes For Sale

Jan 2023Feb 2023%
1211-8.3%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 65
-16.7%
5+ 22
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
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 Bingham Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

Local real estate agents are ready to help you find a home here.

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3121 Tree Farm Rd, Hillsborough, NC 27278

$1,025,000

4

3 Full, 1 Partial

3,302 SqFt

3121 Tree Farm Rd, Hillsborough NC, 27278

Listing Office:

Berkshire Hathaway HomeServices

#2501396

MLS logo
2106 Western Park Ln, Hillsborough, NC 27278

$450,000

3

3

1,946 SqFt

2106 Western Park Ln, Hillsborough NC, 27278

Listing Office:

Keller Williams Realty United

#2501053

MLS logo
7825 Yarborough Rd, Mebane, NC 27302

$95,000

Land

2.23 Acres

7825 Yarborough Rd, Mebane NC, 27302

Listing Office:

Davis Appraisal and Real Estat

#2500975

MLS logo
4620 Sams Rd, Mebane, NC 27302

$125,000

3

1

1,184 SqFt

4620 Sams Rd, Mebane NC, 27302

Jeannie Toberman

Listing Office:

Exp Realty, LLC-Winston-Salem

#126984

MLS logo
4572 Gwendolyn Rd, Efland, NC 27243

Backup Offers

$474,900

4

2

1,298 SqFt

4572 Gwendolyn Rd, Efland NC, 27243

Listing Office:

Berkshire Hathaway HomeService

#2498197

MLS logo
2567 Tree Farm Rd, Hillsborough, NC 27278

$500,000

Land

10.00 Acres

2567 Tree Farm Rd, Hillsborough NC, 27278

Listing Office:

EXP Realty LLC

#2498189

MLS logo
7004 Lassens Trl, Chapel Hill, NC 27516

Backup Offers

$745,000

3

2

2,095 SqFt

7004 Lassens Trl, Chapel Hill NC, 27516

Listing Office:

Weaver Street Realty

#2495645

MLS logo
4621 Sams Rd, Mebane, NC 27302

$199,900

3

1

1,000 SqFt

4621 Sams Rd, Mebane NC, 27302

Alejandro Grundseth

Listing Office:

Alemay Realty, Inc

#126691

MLS logo
4500 Hollow Oaks Dr, Chapel Hill, NC 27516

$1,200,000

3

3 Full, 1 Partial

3,329 SqFt

4500 Hollow Oaks Dr, Chapel Hill NC, 27516

Listing Office:

Rachel Kendall Team

#2490399

MLS logo
222 Starberry Ln, Mebane, NC 27302

$4,975,000

5

3 Full, 1 Partial

5,724 SqFt

222 Starberry Ln, Mebane NC, 27302

Listing Office:

Realty World Carolina Props.

#2485690

MLS logo
TBD Foxfire Dr, Chapel Hill, NC 27516

$50,000

Land

0.43 Acres

TBD Foxfire Dr, Chapel Hill NC, 27516

Listing Office:

Smith Pearson Realty

#2484627

MLS logo
4102 Willis Rd, Chapel Hill, NC 27516

$85,000

Land

1.00 Acres

4102 Willis Rd, Chapel Hill NC, 27516

Listing Office:

Century 21 Triangle Group

#2481674

MLS logo

About Bingham Township, NC

There are 11 homes are for sale in Bingham Township, NC real estate market. The number of homes for sale in Bingham Township, NC decreased by 8.3% between January 2023 and February 2023. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went down by 23.6%, 3 bedrooms properties became 17.5% more expensive, prices of 4 bedrooms properties went up by 0%, 5 bedrooms properties became 7.6% more cheaper. Volume of homes for sale changed: 1 bedroom homes did not move, number of 2 bedrooms homes remained the same, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes decreased by 16.7%, the quantity of 5 bedrooms homes have not changed. In February 2023 more than 0 listings in Bingham Township, NC were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.

MLS Disclaimers and Copyright

Based on information from Triangle MLS, and Alamance MLS for the period 03/01/2021 - 03/01/2023

IDX Copyright © 2023 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/24/2023, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Burlington Alamance County Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Information deemed reliable but not guaranteed. Copyright 2023 Burlington-Alamance Multiple Listing Service Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/24/2023, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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