Is Dunn 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, Dunn Township has remained a Seller's Market.
Key Takeaway
Dunn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dunn Township, NC
How much do homes in Dunn Township, NC cost?
Median Sold Price
$288,916
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Dunn Township have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Dunn Township was $288,916 in March 2024, up 13.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $140K | -9.7% |
| 2 Bedrooms | $159.9K | $155.5K | -2.8% |
| 3 Bedrooms | $260K | $280K | +7.7% |
| 4 Bedrooms | $389K | $402K | +3.3% |
| 5+ Bedrooms | $447.5K | $490K | +9.5% |
Summary: Dunn Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 9.5%.
Median Sold Price Compared To Nearby Cities
| Dunn Township | $255K | $288.9K | +13.3% |
| Ferrells Township | $298.7K | $310K | +3.8% |
| Harris Township | $363.5K | $362K | -0.4% |
| Little River Township | $360K | $349.9K | -2.8% |
Housing Supply in Dunn Township, NC
How many homes are available in Dunn Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 157 | 154 | -1.9% |
Summary: The Dunn Township real estate market had 154 homes for sale in March 2024, a 1.9% decrease 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 | 23 | 20 | -13.0% |
| 3 Bedrooms | 99 | 99 | 0.0% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Dunn 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 decreased by 13%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 41 | +156.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dunn Township, you may be able to get a good deal. 43.9% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Dunn Township in March 2024, up by 156.3% month-over-month. Of the 41 sold homes, 44% were sold under asking, 34% were sold at asking, and 22% were sold over asking.
Days on Market for Dunn Township, NC
How long does it take to sell a home in Dunn Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 87 Days | 82 Days | -5.7% |
Summary: Homes in Dunn Township had an average of 82 days on market in Mar 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Dunn Township has remained consistent over time.
Summary: During March 2024, 41 homes were sold in Dunn Township; 12% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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