Is Black River Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Black River Township was a Neutral Market.
Key Takeaway
Black River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Black River Township, NC
How much do homes in Black River Township, NC cost?
Median Sold Price
$165,000
$100/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Black River Township have sold for 45% less than they did a month ago.
Summary: The median home sold price in Black River Township was $165,000 in June 2024, down 45% from last month, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $300K | $165K | -45.0% |
| 4 Bedrooms | - | $439K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Black River Township housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 45%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Godwin | $224.9K | $369K | +64.0% |
| Black River Township | $300K | $165K | -45.0% |
Housing Supply in Black River Township, NC
How many homes are available in Black River Township, NC?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 13 | 18 | +38.5% |
Summary: The Black River Township real estate market had 18 homes for sale in June 2024, a 38.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Black River 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 increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Black River Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Black River Township in June 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Black River Township, NC
How long does it take to sell a home in Black River Township, NC?
Average Sale Time
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 22 Days | 28 Days | +30.7% |
Summary: Homes in Black River Township had an average of 28 days on market in Jun 2024, up by 30.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Black River Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 4 homes were sold in Black River 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.
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