Is Concord Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Concord Township has remained a Seller's Market.
Housing Prices in Concord Township, NC
How much do homes in Concord Township, NC cost?
Median Sold Price
$364,981
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Concord Township was $364,981 in April 2024, up 11.4% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139.5K | $169.9K | +21.8% |
2 Bedrooms | $227K | $228K | 0.4% |
3 Bedrooms | $300.7K | $325K | +8.1% |
4 Bedrooms | $425K | $446.1K | +5.0% |
5+ Bedrooms | $550K | $592K | +7.6% |
Summary: Concord Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.8%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Cities
Concord Township | $327.5K | $364.9K | +11.4% |
Bethany Township | $278.5K | $300K | +7.7% |
Stony Point | $235K | $243.9K | +3.8% |
Shiloh Township | $279.1K | $279.9K | 0.3% |
Housing Supply in Concord Township, NC
How many homes are available in Concord Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
448 | 497 | +10.9% |
Summary: The Concord Township real estate market had 497 homes for sale in April 2024, a 10.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 43 | 51 | +18.6% |
3 Bedrooms | 226 | 249 | +10.2% |
4 Bedrooms | 117 | 129 | +10.3% |
5+ Bedrooms | 58 | 63 | +8.6% |
Summary: The Concord Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 8.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
117 | 116 | -0.9% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 116 homes were sold or pending in Concord Township in April 2024, down by 0.9% month-over-month. Of the 116 sold homes, 45% were sold under asking, 24% were sold at asking, and 31% were sold over asking.
Days on Market for Concord Township, NC
How long does it take to sell a home in Concord Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 28 Days | -36.1% |
Summary: Homes in Concord Township had an average of 28 days on market in Apr 2024, down by 36.1% compared to last year.
Breakdown of Home Sale Times
77 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 116 homes were sold in Concord Township; 66% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.