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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Healing Spring Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Healing Spring Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Healing Spring Township, NC

How much do homes in Healing Spring Township, NC cost?

Median Sold Price

$539,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$171,500(+46.7%)

Key Takeaway

Homes in Healing Spring Township have sold for 46.7% more than they did a year ago.

Summary: The median home sold price in Healing Spring Township was $539,000 in March 2024, up 46.7% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $302K-
N/A
2 $446.2K$369.9K
-17.1%
3 $312.5K$614K
+96.5%
4 $1.1M$526K
-52.2%
5+ --
N/A

Summary: Healing Spring 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 decreased by 17.1%, 3 bedroom homes increased by 96.5%, 4 bedroom homes decreased by 52.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Healing Spring Township
+46.7%
Denton
+36.2%
Emmons Township
+9.7%
Silver Hill Township
+3.7%

Housing Supply in Healing Spring Township, NC

How many homes are available in Healing Spring Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4536-20.0%

Summary: The Healing Spring Township real estate market had 36 homes for sale in March 2024, a 20.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 51
-80.0%
3 2323
0.0%
4 1712
-29.4%
5+ 00
0.0%

Summary: The Healing Spring 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 80%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 29.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
880.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Healing Spring Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Healing Spring Township in March 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.

Days on Market for Healing Spring Township, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
17 Days110 Days+541.4%

Summary: Homes in Healing Spring Township had an average of 110 days on market in Mar 2024, up by 541.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 8 homes were sold in Healing Spring Township; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 38% 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 18 Days Ago

Newest Listings in Healing Spring Township, NC

Nearby Markets to Healing Spring Township, NC

What housing markets are near Healing Spring Township, NC?