Is Brassfield 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, Brassfield Township has remained a Seller's Market.
Key Takeaway
Brassfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brassfield Township, NC
How much do homes in Brassfield Township, NC cost?
Median Sold Price
$440,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Brassfield Township have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Brassfield Township was $440,000 in March 2024, up 2.3% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $472.5K | - | N/A |
| 3 Bedrooms | $375K | $365K | -2.7% |
| 4 Bedrooms | $680K | $634.8K | -6.6% |
| 5+ Bedrooms | $418K | $730K | +74.6% |
Summary: Brassfield 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 did not change, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 74.6%.
Median Sold Price Compared To Nearby Cities
| Fishing Creek Township | $245K | $271.2K | +10.7% |
| Tally Ho Township | $300K | $328.7K | +9.6% |
| Brassfield Township | $430K | $440K | +2.3% |
| Dutchville Township | $303.3K | $310K | +2.2% |
| Creedmoor | $350K | $335K | -4.3% |
Housing Supply in Brassfield Township, NC
How many homes are available in Brassfield Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 50 | 54 | +8.0% |
Summary: The Brassfield Township real estate market had 54 homes for sale in March 2024, a 8.0% 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 | 21 | 22 | +4.8% |
| 4 Bedrooms | 25 | 29 | +16.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Brassfield 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 4.8%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brassfield Township, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Brassfield Township in March 2024, up by 22.2% month-over-month. Of the 11 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% were sold over asking.
Days on Market for Brassfield Township, NC
How long does it take to sell a home in Brassfield Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 78 Days | 55 Days | -29.5% |
Summary: Homes in Brassfield Township had an average of 55 days on market in Mar 2024, down by 29.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Brassfield Township has remained consistent over time.
Summary: During March 2024, 11 homes were sold in Brassfield Township; 18% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.