Is High Point Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing High Point Township is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, High Point Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in High Point Township, NC cost?

Median Sold Price

$201,555

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$31,212(+18.3%)

Key Takeaway

Homes in High Point Township have sold for 18.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $52K$67.2K
+29.3%
2 $93.5K$120K
+28.2%
3 $175K$205.4K
+17.4%
4 $267.4K$330.5K
+23.6%
5+ $380K$387.4K
+2.0%

Median Sold Price Compared To Nearby Cities

High Point
+20.2%
High Point Township
+18.3%
Jamestown Township
+14.4%
Archdale
+13.5%
Jamestown
-2.1%

How many homes are available in High Point Township, NC?

Number of Homes For Sale

Jan 2023Feb 2023%
332377+13.6%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 22
0.0%
2 7879
+1.3%
3 144166
+15.3%
4 84102
+21.4%
5+ 2428
+16.7%

Number of Homes Sold

Jan 2023Feb 2023%
5799+73.7%

Asking Price vs. Sold Price

50 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in High Point Township, you may be able to get a good deal. 50.5% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
26 Days37 Days+40.3%

Breakdown of Home Sale Times

63 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About High Point Township, NC

Homes for sale in High Point Township, NC have reached 377. In February 2023 in High Point Township, NC there were 13.6% more homes for sale than in January 2023. In February 2023, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $201,555. Listing prices have changed in this real estate market between January 2023 and February 2023: prices of 1 bedroom properties increased by 29.3%, 2 bedrooms properties became 28.2% more expensive, 3 bedrooms properties prices increased by 17.4%, the cost of 4 bedrooms properties went up by 23.6%, 5 bedrooms properties became 2% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 1.3%, number of 3 bedrooms homes increased by 15.3%, 4 bedrooms homes became 21.4% more available, volume of 5 bedrooms homes went up by 16.7%. Over 26 listings were sold over their listed price in February 2023 in High Point Township, NC. In the same period over 50 listings were sold below the listed price and 23 listings were sold for the listed price.

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