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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kernersville Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Kernersville Township, NC cost?

Median Sold Price

$301,494

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$46,486(+18.2%)

Key Takeaway

Homes in Kernersville Township have sold for 18.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $80K$114K
+42.6%
2 $140K$165K
+17.9%
3 $247.9K$286.2K
+15.5%
4 $325K$396K
+21.8%
5+ $417K$404K
-3.1%

Median Sold Price Compared To Nearby Cities

Colfax
+19.4%
Kernersville Township
+18.2%
Kernersville
+18.2%
Abbotts Creek Township
+17.0%
Walkertown
+14.5%

How many homes are available in Kernersville Township, NC?

Number of Homes For Sale

Oct 2022Nov 2022%
9172-20.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 10
-100.0%
2 118
-27.3%
3 4835
-27.1%
4 2424
0.0%
5+ 75
-28.6%

Number of Homes Sold

Oct 2022Nov 2022%
3918-53.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kernersville Township, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
9 Days24 Days+171.1%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kernersville 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 Kernersville Township, NC

Kernersville Township, NC has 72 homes for sale to choose from. The number of homes for sale in Kernersville Township, NC decreased by 20.9% between October 2022 and November 2022. Listings spent 24 days on the market in November 2022, and had a median list price of $301,494 during the same period. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties became 42.6% more expensive, 2 bedrooms properties became 17.9% more expensive, prices of 3 bedrooms properties went up by 15.5%, 4 bedrooms properties became 21.8% more expensive, prices of 5 bedrooms properties decreased by 3.1%. Volume of homes for sale changed: volume of 1 bedroom homes went down by 100%, volume of 2 bedrooms homes went down by 27.3%, number of 3 bedrooms homes decreased by 27.1%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes became 28.6% less available. In November 2022 more than 8 listings in Kernersville Township, NC were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 4 were sold below.

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