Is Davidson Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Davidson Township has remained a Seller's Market.
Housing Prices in Davidson Township, NC
How much do homes in Davidson Township, NC cost?
Median Sold Price
$633,945
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Davidson Township was $633,945 in June 2024, up 1.7% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $238.1K | -6.6% |
2 Bedrooms | $310K | $345K | +11.3% |
3 Bedrooms | $499.4K | $518.8K | +3.9% |
4 Bedrooms | $776.6K | $900K | +15.9% |
5+ Bedrooms | $725K | $776K | +7.0% |
Summary: Davidson Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Cities
Mooresville | $440K | $488.9K | +11.1% |
Coddle Creek Township | $410.5K | $434.9K | +6.0% |
Davidson Township | $623K | $633.9K | +1.7% |
Sherrills Ford | $422K | $428.5K | +1.5% |
Housing Supply in Davidson Township, NC
How many homes are available in Davidson Township, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
493 | 514 | +4.3% |
Summary: The Davidson Township real estate market had 514 homes for sale in June 2024, a 4.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 33 | 33 | 0.0% |
3 Bedrooms | 161 | 178 | +10.6% |
4 Bedrooms | 209 | 207 | -1.0% |
5+ Bedrooms | 89 | 95 | +6.7% |
Summary: The Davidson Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
120 | 104 | -13.3% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 104 homes were sold or pending in Davidson Township in June 2024, down by 13.3% month-over-month. Of the 104 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Davidson Township, NC
How long does it take to sell a home in Davidson Township, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
31 Days | 22 Days | -27.3% |
Summary: Homes in Davidson Township had an average of 22 days on market in Jun 2024, down by 27.3% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During June 2024, 104 homes were sold in Davidson Township; 72% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.