Is Hertford Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hertford Township has remained a Seller's Market.
Housing Prices in Hertford Township, NC
How much do homes in Hertford Township, NC cost?
Median Sold Price
$277,500
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hertford Township was $277,500 in April 2024, up 0.9% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $66.5K | $102.5K | +54.1% |
2 Bedrooms | $148.5K | $146.5K | -1.3% |
3 Bedrooms | $300K | $322.9K | +7.6% |
4 Bedrooms | $242.5K | $285K | +17.5% |
5+ Bedrooms | - | $529K | N/A |
Summary: Hertford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.1%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Hertford | $275K | $280K | +1.8% |
Hertford Township | $275K | $277.5K | +0.9% |
Bethel Township | $327.5K | $244.9K | -25.2% |
Housing Supply in Hertford Township, NC
How many homes are available in Hertford Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
97 | 105 | +8.2% |
Summary: The Hertford Township real estate market had 105 homes for sale in April 2024, a 8.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 59 | 65 | +10.2% |
4 Bedrooms | 25 | 26 | +4.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Hertford Township housing inventory by bedroom type for April 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 10.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 21 | +133.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Hertford Township in April 2024, up by 133.3% month-over-month. Of the 18 sold homes, 56% were sold under asking, 17% were sold at asking, and 28% were sold over asking.
Days on Market for Hertford Township, NC
How long does it take to sell a home in Hertford Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 89 Days | +90.4% |
Summary: Homes in Hertford Township had an average of 89 days on market in Apr 2024, up by 90.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Hertford Township; 43% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.