Is Dutchville 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, Dutchville Township was a Seller's Market.
Key Takeaway
Dutchville Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Dutchville Township, NC
How much do homes in Dutchville Township, NC cost?
Median Sold Price
$310,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Dutchville Township have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Dutchville Township was $310,000 in March 2024, up 2.2% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127K | - | N/A |
| 2 Bedrooms | $215.5K | $239.5K | +11.1% |
| 3 Bedrooms | $280K | $304K | +8.6% |
| 4 Bedrooms | $385.9K | $350K | -9.3% |
| 5+ Bedrooms | $373.5K | $437.5K | +17.1% |
Summary: Dutchville 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 increased by 11.1%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Cities
| Butner | $295K | $312.4K | +5.9% |
| Brassfield Township | $430K | $440K | +2.3% |
| Dutchville Township | $303.3K | $310K | +2.2% |
| Oak Grove Township | $393.2K | $384.4K | -2.2% |
| Creedmoor | $350K | $335K | -4.3% |
Housing Supply in Dutchville Township, NC
How many homes are available in Dutchville Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The Dutchville Township real estate market had 20 homes for sale in March 2024, a 11.1% 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 | 1 | -50.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Dutchville 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 decreased by 50%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dutchville Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Dutchville Township in March 2024, down by 62.5% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Dutchville Township, NC
How long does it take to sell a home in Dutchville Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 76 Days | 25 Days | -66.9% |
Summary: Homes in Dutchville Township had an average of 25 days on market in Mar 2024, down by 66.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dutchville Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Dutchville Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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