Is Lumberton 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, Lumberton Township was a Seller's Market.
Housing Prices in Lumberton Township, NC
How much do homes in Lumberton Township, NC cost?
Median Sold Price
$195,000
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lumberton Township was $195,000 in March 2024, up 5.5% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $87K | - | N/A |
2 Bedrooms | $107.5K | $109K | +1.4% |
3 Bedrooms | $184.5K | $180K | -2.4% |
4 Bedrooms | $243.5K | $244K | 0.2% |
5+ Bedrooms | $290K | $346.2K | +19.4% |
Summary: Lumberton 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 1.4%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Cities
Lumberton | $184.5K | $195K | +5.7% |
Lumberton Township | $184.8K | $195K | +5.5% |
Housing Supply in Lumberton Township, NC
How many homes are available in Lumberton Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
100 | 106 | +6.0% |
Summary: The Lumberton Township real estate market had 106 homes for sale in March 2024, a 6.0% increase 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 | 10 | 13 | +30.0% |
3 Bedrooms | 63 | 62 | -1.6% |
4 Bedrooms | 23 | 26 | +13.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Lumberton 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 increased by 30%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Lumberton Township in March 2024, up by 13.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 6% were sold at asking, and 29% were sold over asking.
Days on Market for Lumberton Township, NC
How long does it take to sell a home in Lumberton Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
145 Days | 67 Days | -53.8% |
Summary: Homes in Lumberton Township had an average of 67 days on market in Mar 2024, down by 53.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Lumberton Township; 18% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.