Is Litaker Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Litaker Township was a Seller's Market.
Housing Prices in Litaker Township, NC
How much do homes in Litaker Township, NC cost?
Median Sold Price
$299,900
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Litaker Township was $299,900 in February 2024, down 4.8% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $696K | - | N/A |
2 Bedrooms | $303K | $258.5K | -14.7% |
3 Bedrooms | $307.3K | $298.7K | -2.8% |
4 Bedrooms | $380K | $299.4K | -21.2% |
5+ Bedrooms | $463K | $782.6K | +69.0% |
Summary: Litaker Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes increased by 69%.
Median Sold Price Compared To Nearby Cities
China Grove Township | $279.9K | $275K | -1.8% |
Gold Hill Township | $285K | $280K | -1.8% |
Litaker Township | $315K | $299.9K | -4.8% |
Housing Supply in Litaker Township, NC
How many homes are available in Litaker Township, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
46 | 46 | 0.0% |
Summary: The Litaker Township real estate market had 46 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 29 | 30 | +3.4% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Litaker Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Litaker Township in February 2024, down by 12.5% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Litaker Township, NC
How long does it take to sell a home in Litaker Township, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
47 Days | 51 Days | +9.4% |
Summary: Homes in Litaker Township had an average of 51 days on market in Feb 2024, up by 9.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in Litaker Township; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.