Is Buckhorn 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, Buckhorn Township has remained a Seller's Market.
Key Takeaway
Buckhorn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Buckhorn Township, NC
How much do homes in Buckhorn Township, NC cost?
Median Sold Price
$633,870
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Buckhorn Township have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Buckhorn Township was $633,870 in March 2024, up 0.6% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $495K | $535K | +8.1% |
| 3 Bedrooms | $522.5K | $518.6K | -0.7% |
| 4 Bedrooms | $607.7K | $605K | -0.5% |
| 5+ Bedrooms | $814.5K | $773K | -5.1% |
Summary: Buckhorn 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 increased by 8.1%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 5.1%.
Median Sold Price Compared To Nearby Cities
| Apex | $575K | $581.6K | +1.1% |
| Buckhorn Township | $630K | $633.8K | +0.6% |
| New Hill | $660K | $634.2K | -3.9% |
| Holly Springs | $589.5K | $565K | -4.2% |
| Holly Springs Township | $587.3K | $559.1K | -4.8% |
Housing Supply in Buckhorn Township, NC
How many homes are available in Buckhorn Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 75 | 59 | -21.3% |
Summary: The Buckhorn Township real estate market had 59 homes for sale in March 2024, a 21.3% decrease 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 17 | 14 | -17.6% |
| 4 Bedrooms | 19 | 14 | -26.3% |
| 5+ Bedrooms | 35 | 27 | -22.9% |
Summary: The Buckhorn 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 decreased by 17.6%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes decreased by 22.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 16 | -36.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buckhorn Township, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Buckhorn Township in March 2024, down by 36.0% month-over-month. Of the 16 sold homes, 31% were sold under asking, 25% were sold at asking, and 44% were sold over asking.
Days on Market for Buckhorn Township, NC
How long does it take to sell a home in Buckhorn Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 112 Days | 70 Days | -37.9% |
Summary: Homes in Buckhorn Township had an average of 70 days on market in Mar 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Buckhorn Township has remained consistent over time.
Summary: During March 2024, 16 homes were sold in Buckhorn Township; 13% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.