Is Eldora Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eldora Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Eldora Township was a Buyer's Market.

Key Takeaway

Eldora Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Eldora Township, NC

How much do homes in Eldora Township, NC cost?

Median Sold Price

$255,000

$180/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$140,000(-35.4%)

Key Takeaway

Homes in Eldora Township have sold for 35.4% less than they did a month ago.

Summary: The median home sold price in Eldora Township was $255,000 in February 2024, down 35.4% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 -$255K
N/A
4 $395K-
N/A
5+ --
N/A

Summary: Eldora Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Long Hill Township
-9.3%
Eldora Township
-35.4%
Rockford Township
-55.4%

Housing Supply in Eldora Township, NC

How many homes are available in Eldora Township, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1110-9.1%

Summary: The Eldora Township real estate market had 10 homes for sale in February 2024, a 9.1% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 99
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Eldora Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eldora Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Eldora Township in February 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Eldora Township, NC

How long does it take to sell a home in Eldora Township, NC?

Average Sale Time

Jan 2024Feb 2024CHANGE
12 Days53 Days+344.4%

Summary: Homes in Eldora Township had an average of 53 days on market in Feb 2024, up by 344.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Eldora Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 3 homes were sold in Eldora Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Eldora Township, NC

Nearby Markets to Eldora Township, NC

What housing markets are near Eldora Township, NC?