Is Davidson 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, 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
$628,062
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Davidson Township was $628,062 in March 2024, down 0.2% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212.5K | $260K | +22.4% |
2 Bedrooms | $302.5K | $341.5K | +12.9% |
3 Bedrooms | $485K | $525K | +8.2% |
4 Bedrooms | $758.6K | $875.8K | +15.5% |
5+ Bedrooms | $699K | $780K | +11.6% |
Summary: Davidson Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.4%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Cities
Mooresville | $424.4K | $485.4K | +14.4% |
Coddle Creek Township | $414.5K | $428.2K | +3.3% |
Davidson Township | $629.3K | $628K | -0.2% |
Sherrills Ford | $430K | $420K | -2.3% |
Housing Supply in Davidson Township, NC
How many homes are available in Davidson Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
346 | 400 | +15.6% |
Summary: The Davidson Township real estate market had 400 homes for sale in March 2024, a 15.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 30 | 39 | +30.0% |
3 Bedrooms | 117 | 129 | +10.3% |
4 Bedrooms | 140 | 172 | +22.9% |
5+ Bedrooms | 57 | 57 | 0.0% |
Summary: The Davidson Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
79 | 99 | +25.3% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 99 homes were sold or pending in Davidson Township in March 2024, up by 25.3% month-over-month. Of the 99 sold homes, 59% were sold under asking, 21% were sold at asking, and 20% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 49 Days | +4.9% |
Summary: Homes in Davidson Township had an average of 49 days on market in Mar 2024, up by 4.9% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During March 2024, 99 homes were sold in Davidson Township; 60% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.