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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Madison Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Madison Township was a Seller's Market.

Key Takeaway

Madison Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Madison Township, NC cost?

Median Sold Price

$200,000

$131/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

-$85,000(-29.8%)

Key Takeaway

Homes in Madison Township have sold for 29.8% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 --
N/A
2 $179.9K-
N/A
3 $285K-
N/A
4 -$200K
N/A
5+ --
N/A

How many homes are available in Madison Township, NC?

Number of Homes For Sale

Dec 2022Jan 2023%
97-22.2%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 21
-50.0%
3 54
-20.0%
4 22
0.0%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Madison Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Dec 2022Jan 2023%
34 Days88 Days+155.1%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Madison Township has remained consistent over time.

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

About Madison Township, NC

Number of homes for sale in Madison Township, NC real estate market have reached 7. In January 2023 in Madison Township, NC there were 22.2% less homes for sale than in December 2022. Listings spent 88 days on the market in January 2023, and had a median list price of $200,000 during the same period. Between January 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties increased by 0%, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 50%, number of 3 bedrooms homes decreased by 20%, number of 4 bedrooms homes remained the same, volume of 5 bedrooms homes stayed the same. Over 0 listings were sold over their listed price in January 2023 in Madison Township, NC. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.

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