Is Bruce 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, Bruce Township has remained a Seller's Market.
Housing Prices in Bruce Township, NC
How much do homes in Bruce Township, NC cost?
Median Sold Price
$574,750
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bruce Township was $574,750 in March 2024, up 3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $180K | N/A |
2 Bedrooms | $365K | $244.9K | -32.9% |
3 Bedrooms | $435K | $393K | -9.7% |
4 Bedrooms | $643K | $763K | +18.7% |
5+ Bedrooms | $850K | $825K | -2.9% |
Summary: Bruce 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 32.9%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Cities
Morehead Township | $270.6K | $290K | +7.1% |
Bruce Township | $557.7K | $574.7K | +3.0% |
Center Grove Township | $620K | $634.1K | +2.3% |
Summerfield | $615K | $572K | -7.0% |
Stokesdale | $499.9K | $458K | -8.4% |
Housing Supply in Bruce Township, NC
How many homes are available in Bruce Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 52 | +30.0% |
Summary: The Bruce Township real estate market had 52 homes for sale in March 2024, a 30.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 22 | 31 | +40.9% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bruce 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 21.4%, 4 bedroom homes increased by 40.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Bruce Township in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Bruce Township, NC
How long does it take to sell a home in Bruce Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
92 Days | 14 Days | -84.2% |
Summary: Homes in Bruce Township had an average of 14 days on market in Mar 2024, down by 84.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Bruce Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.