Is Burnsville 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, Burnsville Township has remained a Seller's Market.
Housing Prices in Burnsville Township, NC
How much do homes in Burnsville Township, NC cost?
Median Sold Price
$352,500
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Burnsville Township was $352,500 in March 2024, up 8.5% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $130K | 0.0% |
2 Bedrooms | $188.7K | $317K | +67.9% |
3 Bedrooms | $379K | $374.3K | -1.2% |
4 Bedrooms | $445K | $650K | +46.1% |
5+ Bedrooms | $1.8M | $535K | -71.1% |
Summary: Burnsville 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 67.9%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 46.1%, and 5+ bedroom homes decreased by 71.1%.
Median Sold Price Compared To Nearby Cities
New Salem Township | $400K | $447.5K | +11.9% |
Burnsville Township | $325K | $352.5K | +8.5% |
Housing Supply in Burnsville Township, NC
How many homes are available in Burnsville Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 87 | +2.4% |
Summary: The Burnsville Township real estate market had 87 homes for sale in March 2024, a 2.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 26 | 24 | -7.7% |
3 Bedrooms | 49 | 50 | +2.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Burnsville 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 decreased by 7.7%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Burnsville Township in March 2024, up by 6.3% month-over-month. Of the 17 sold homes, 71% were sold under asking, 18% were sold at asking, and 12% were sold over asking.
Days on Market for Burnsville Township, NC
How long does it take to sell a home in Burnsville Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
80 Days | 78 Days | -2.7% |
Summary: Homes in Burnsville Township had an average of 78 days on market in Mar 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Burnsville Township; 41% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.