Is Harnett 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, Harnett Township has remained a Seller's Market.
Key Takeaway
Harnett Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harnett Township, NC
How much do homes in Harnett Township, NC cost?
Median Sold Price
$449,593
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Harnett Township have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Harnett Township was $449,593 in March 2024, up 10.9% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $545K | $525K | -3.7% |
| 2 Bedrooms | $273K | $412.5K | +51.1% |
| 3 Bedrooms | $340K | $365.5K | +7.5% |
| 4 Bedrooms | $550K | $576K | +4.7% |
| 5+ Bedrooms | $651.5K | $814.5K | +25.0% |
Summary: Harnett Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 51.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Cities
| Wrightsville Beach | $1.2M | $1.5M | +25.0% |
| Harnett Township | $405.4K | $449.5K | +10.9% |
| Cape Fear Township | $345.2K | $366.2K | +6.1% |
| Wilmington | $391.4K | $409.1K | +4.5% |
| Wilmington Township | $391.4K | $408.7K | +4.4% |
Housing Supply in Harnett Township, NC
How many homes are available in Harnett Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 203 | 225 | +10.8% |
Summary: The Harnett Township real estate market had 225 homes for sale in March 2024, a 10.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 101 | 113 | +11.9% |
| 4 Bedrooms | 63 | 64 | +1.6% |
| 5+ Bedrooms | 24 | 28 | +16.7% |
Summary: The Harnett Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 44 | 49 | +11.4% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harnett Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in Harnett Township in March 2024, up by 11.4% month-over-month. Of the 49 sold homes, 57% were sold under asking, 20% were sold at asking, and 22% were sold over asking.
Days on Market for Harnett Township, NC
How long does it take to sell a home in Harnett Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 28 Days | -18.9% |
Summary: Homes in Harnett Township had an average of 28 days on market in Mar 2024, down by 18.9% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harnett Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 49 homes were sold in Harnett Township; 80% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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