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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewisville Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Lewisville Township, NC

How much do homes in Lewisville Township, NC cost?

Median Sold Price

$385,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,500(+2.8%)

Key Takeaway

Homes in Lewisville Township have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Lewisville Township was $385,000 in May 2024, up 2.8% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $97K$117.5K
+21.1%
2 $184K$205K
+11.4%
3 $319.9K$325K
+1.6%
4 $530K$539.6K
+1.8%
5+ $634.9K$700K
+10.2%

Summary: Lewisville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 10.2%.

Median Sold Price Compared To Nearby Cities

Lewisville
+7.7%
Clemmonsville Township
+3.9%
Lewisville Township
+2.8%
Clemmons
+2.1%
Vienna Township
0.0%

Housing Supply in Lewisville Township, NC

How many homes are available in Lewisville Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
97113+16.5%

Summary: The Lewisville Township real estate market had 113 homes for sale in May 2024, a 16.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 46
+50.0%
3 4651
+10.9%
4 3343
+30.3%
5+ 1312
-7.7%

Summary: The Lewisville Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 30.3%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1525+66.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewisville Township, you could pay more than the asking price. 44% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in Lewisville Township in May 2024, up by 66.7% month-over-month. Of the 25 sold homes, 28% were sold under asking, 28% were sold at asking, and 44% were sold over asking.

Days on Market for Lewisville Township, NC

How long does it take to sell a home in Lewisville Township, NC?

Average Sale Time

May 2023May 2024CHANGE
18 Days14 Days-24.8%

Summary: Homes in Lewisville Township had an average of 14 days on market in May 2024, down by 24.8% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 25 homes were sold in Lewisville Township; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 19 Days Ago

Newest Listings in Lewisville Township, NC

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