Is High Point 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, High Point Township has remained a Seller's Market.
Housing Prices in High Point Township, NC
How much do homes in High Point Township, NC cost?
Median Sold Price
$247,607
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in High Point Township was $247,607 in March 2024, up 18% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $67.2K | $99K | +47.2% |
2 Bedrooms | $125K | $150K | +20.0% |
3 Bedrooms | $213.1K | $240K | +12.6% |
4 Bedrooms | $335K | $359.9K | +7.4% |
5+ Bedrooms | $409.9K | $470K | +14.7% |
Summary: High Point Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.2%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Cities
High Point Township | $209.8K | $247.6K | +18.0% |
High Point | $244.2K | $254.3K | +4.1% |
Archdale | $236K | $239K | +1.3% |
Jamestown | $330K | $332.9K | +0.9% |
Jamestown Township | $347.9K | $333.6K | -4.1% |
Housing Supply in High Point Township, NC
How many homes are available in High Point Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
409 | 447 | +9.3% |
Summary: The High Point Township real estate market had 447 homes for sale in March 2024, a 9.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 79 | 78 | -1.3% |
3 Bedrooms | 213 | 243 | +14.1% |
4 Bedrooms | 102 | 107 | +4.9% |
5+ Bedrooms | 13 | 17 | +30.8% |
Summary: The High Point 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 1.3%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 30.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
89 | 116 | +30.3% |
Asking Price vs. Sold Price
69 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 116 homes were sold or pending in High Point Township in March 2024, up by 30.3% month-over-month. Of the 116 sold homes, 59% were sold under asking, 20% were sold at asking, and 21% were sold over asking.
Days on Market for High Point Township, NC
How long does it take to sell a home in High Point Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 40 Days | +38.4% |
Summary: Homes in High Point Township had an average of 40 days on market in Mar 2024, up by 38.4% compared to last year.
Breakdown of Home Sale Times
74 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During March 2024, 116 homes were sold in High Point Township; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.