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

Housing Market Conditions



Gauge showing Bingham Township is a seller's market


Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Bingham Township, NC

How much do homes in Bingham Township, NC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since June 2023


Key Takeaway

Homes in Bingham Township have sold for 8% more than they did a year ago.

Summary: The median home sold price in Bingham Township was $540,000 in June 2024, up 8% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
2 $327.7K$292.5K
3 $420K$495K
4 $725K$865K
5+ $2.8M-

Summary: Bingham Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bingham Township
Chapel Hill Township
Baldwin Township
Cheeks Township

Housing Supply in Bingham Township, NC

How many homes are available in Bingham Township, NC?

Number of Homes For Sale

May 2024Jun 2024CHANGE

Summary: The Bingham Township real estate market had 26 homes for sale in June 2024, a 4.0% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
2 33
3 1717
4 45
5+ 11

Summary: The Bingham Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Bingham Township in June 2024, up by 100.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.

Days on Market for Bingham Township, NC

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

Average Sale Time

Jun 2023Jun 2024CHANGE
106 Days21 Days-80.0%

Summary: Homes in Bingham Township had an average of 21 days on market in Jun 2024, down by 80% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 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.

Summary: During June 2024, 10 homes were sold in Bingham Township; 70% of homes were sold within 30 days, 30% 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 15 Days Ago

Newest Listings in Bingham Township, NC

Nearby Markets to Bingham Township, NC

What housing markets are near Bingham Township, NC?