Is Boonville 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, Boonville Township has remained a Seller's Market.
Key Takeaway
Boonville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boonville Township, NC
How much do homes in Boonville Township, NC cost?
Median Sold Price
$240,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Boonville Township have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Boonville Township was $240,000 in March 2024, down 0.6% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192.5K | $190K | -1.3% |
| 3 Bedrooms | $240K | $240K | 0.0% |
| 4 Bedrooms | $385K | $318K | -17.4% |
| 5+ Bedrooms | - | $260.5K | N/A |
Summary: Boonville 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 decreased by 1.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Liberty Township | $230.3K | $250K | +8.5% |
| Boonville | $235K | $234.9K | 0% |
| Boonville Township | $241.5K | $240K | -0.6% |
Housing Supply in Boonville Township, NC
How many homes are available in Boonville Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Summary: The Boonville Township real estate market had 12 homes for sale in March 2024, a 20.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Boonville Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boonville Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Boonville Township in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Boonville Township, NC
How long does it take to sell a home in Boonville Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 72 Days | 30 Days | -57.8% |
Summary: Homes in Boonville Township had an average of 30 days on market in Mar 2024, down by 57.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Boonville Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Boonville Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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