Is Eldorado 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, Eldorado Township was a Seller's Market.
Housing Prices in Eldorado Township, NC
How much do homes in Eldorado Township, NC cost?
Median Sold Price
$289,998
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Eldorado Township was $289,998 in March 2024, down 6.5% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | $92K | -10.2% |
2 Bedrooms | $150.2K | $160K | +6.5% |
3 Bedrooms | $399.9K | $529K | +32.3% |
4 Bedrooms | $675K | $800K | +18.5% |
5+ Bedrooms | $1.4M | $1.0M | -30.4% |
Summary: Eldorado Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 32.3%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 30.4%.
Median Sold Price Compared To Nearby Cities
Uwharrie Township | $305K | $330.9K | +8.5% |
Eldorado Township | $310K | $289.9K | -6.5% |
Housing Supply in Eldorado Township, NC
How many homes are available in Eldorado Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
67 | 86 | +28.4% |
Summary: The Eldorado Township real estate market had 86 homes for sale in March 2024, a 28.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 19 | +35.7% |
2 Bedrooms | 25 | 28 | +12.0% |
3 Bedrooms | 18 | 25 | +38.9% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Eldorado Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35.7%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 11 | +175.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Eldorado Township in March 2024, up by 175.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for Eldorado Township, NC
How long does it take to sell a home in Eldorado Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
99 Days | 137 Days | +37.5% |
Summary: Homes in Eldorado Township had an average of 137 days on market in Mar 2024, up by 37.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Eldorado Township; 18% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 64% of homes were sold over 90 days.