Is Courthouse 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, Courthouse Township was a Buyer's Market.
Key Takeaway
Courthouse Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Courthouse Township, NC
How much do homes in Courthouse Township, NC cost?
Median Sold Price
$381,200
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Courthouse Township have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in Courthouse Township was $381,200 in March 2024, up 16.3% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $368K | $302K | -17.9% |
| 3 Bedrooms | $310.4K | $352.5K | +13.5% |
| 4 Bedrooms | $330K | $453.5K | +37.4% |
| 5+ Bedrooms | $464.9K | $495K | +6.5% |
Summary: Courthouse 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 17.9%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 37.4%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Courthouse Township | $327.8K | $381.2K | +16.3% |
| Camden | $355K | $389K | +9.6% |
| Elizabeth City Township | $269.9K | $291.2K | +7.9% |
Housing Supply in Courthouse Township, NC
How many homes are available in Courthouse Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 23 | +9.5% |
Summary: The Courthouse Township real estate market had 23 homes for sale in March 2024, a 9.5% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Courthouse 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Courthouse Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Courthouse Township in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Courthouse Township, NC
How long does it take to sell a home in Courthouse Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 148 Days | +336.0% |
Summary: Homes in Courthouse Township had an average of 148 days on market in Mar 2024, up by 336% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Courthouse Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 4 homes were sold in Courthouse Township; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
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