Is Edneyville 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, Edneyville Township was a Seller's Market.
Key Takeaway
Edneyville 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 Edneyville Township, NC
How much do homes in Edneyville Township, NC cost?
Median Sold Price
$407,500
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Edneyville Township have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in Edneyville Township was $407,500 in March 2024, up 11.6% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $256.1K | -6.9% |
| 2 Bedrooms | $315K | $323.5K | +2.7% |
| 3 Bedrooms | $427.1K | $419K | -1.9% |
| 4 Bedrooms | $438K | $731K | +66.9% |
| 5+ Bedrooms | - | $1.2M | N/A |
Summary: Edneyville Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.9%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 66.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Edneyville Township | $365K | $407.5K | +11.6% |
| Fairview | $529K | $526K | -0.6% |
| Clear Creek Township | $385K | $352.7K | -8.4% |
Housing Supply in Edneyville Township, NC
How many homes are available in Edneyville Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 30 | -3.2% |
Summary: The Edneyville Township real estate market had 30 homes for sale in March 2024, a 3.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 8 | 4 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Edneyville 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 remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edneyville Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Edneyville Township in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Edneyville Township, NC
How long does it take to sell a home in Edneyville Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 68 Days | 78 Days | +15.3% |
Summary: Homes in Edneyville Township had an average of 78 days on market in Mar 2024, up by 15.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Edneyville Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Edneyville Township; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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