Is Huntsville Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Huntsville Township was a Buyer's Market.
Key Takeaway
Huntsville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Huntsville Township, NC
How much do homes in Huntsville Township, NC cost?
Median Sold Price
$308,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Huntsville Township have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Huntsville Township was $308,000 in March 2024, up 2.7% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $199.5K | $210K | +5.3% |
| 3 Bedrooms | $291.5K | $299K | +2.6% |
| 4 Bedrooms | $427.5K | $609.9K | +42.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Huntsville 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 increased by 5.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 42.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Madison | $175K | $253.7K | +45.0% |
| New Bethel Township | $397.4K | $440K | +10.7% |
| Stokesdale | $440K | $461K | +4.8% |
| Huntsville Township | $300K | $308K | +2.7% |
Housing Supply in Huntsville Township, NC
How many homes are available in Huntsville Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The Huntsville Township real estate market had 16 homes for sale in March 2024, a 11.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Huntsville 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 remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Huntsville Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Huntsville Township in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Huntsville Township, NC
How long does it take to sell a home in Huntsville Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 60 Days | +46.4% |
Summary: Homes in Huntsville Township had an average of 60 days on market in Mar 2024, up by 46.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Huntsville Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Huntsville Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.