Is Center Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Center Township was a Seller's Market.
Housing Prices in Center Township, NC
How much do homes in Center Township, NC cost?
Median Sold Price
$260,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Center Township was $260,000 in March 2024, up 5.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $242.4K | - | N/A |
2 Bedrooms | $160K | $185K | +15.6% |
3 Bedrooms | $247K | $250K | +1.2% |
4 Bedrooms | $381.5K | $567.5K | +48.8% |
5+ Bedrooms | $3.5M | $1.3M | -60.7% |
Summary: Center 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 15.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 48.8%, and 5+ bedroom homes decreased by 60.7%.
Median Sold Price Compared To Nearby Cities
Norwood | $224.5K | $275.7K | +22.8% |
Center Township | $246K | $260K | +5.7% |
South Albemarle Township | $250K | $249.2K | -0.3% |
Pee Dee Township | $236.2K | $140K | -40.7% |
Housing Supply in Center Township, NC
How many homes are available in Center Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 33 | +6.5% |
Summary: The Center Township real estate market had 33 homes for sale in March 2024, a 6.5% 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 | 10 | 13 | +30.0% |
3 Bedrooms | 16 | 17 | +6.3% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Center 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 increased by 30%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Center Township in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Center Township, NC
How long does it take to sell a home in Center Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
92 Days | 21 Days | -76.6% |
Summary: Homes in Center Township had an average of 21 days on market in Mar 2024, down by 76.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Center Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.