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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mannings Township is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Mannings Township was a Neutral Market.

Key Takeaway

Mannings Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mannings Township, NC

How much do homes in Mannings Township, NC cost?

Median Sold Price

$275,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$38,800(+16.4%)

Key Takeaway

Homes in Mannings Township have sold for 16.4% more than they did a year ago.

Summary: The median home sold price in Mannings Township was $275,000 in September 2024, up 16.4% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $160K$119.9K
-25.1%
3 $252.5K$259.7K
+2.9%
4 $255.2K$319.9K
+25.4%
5+ -$343.4K
N/A

Summary: Mannings Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 25.1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mannings Township
+16.4%
Nashville Township
+15.4%
Spring Hope
-6.3%

Housing Supply in Mannings Township, NC

How many homes are available in Mannings Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2227+22.7%

Summary: The Mannings Township real estate market had 27 homes for sale in September 2024, a 22.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1116
+45.5%
4 99
0.0%
5+ 00
0.0%

Summary: The Mannings Township housing inventory by bedroom type for September 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 45.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mannings Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Mannings Township in September 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Mannings Township, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
51 Days113 Days+122.2%

Summary: Homes in Mannings Township had an average of 113 days on market in Sep 2024, up by 122.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Mannings Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 3 homes were sold in Mannings Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 30 Days Ago

Newest Listings in Mannings Township, NC

Nearby Markets to Mannings Township, NC

What housing markets are near Mannings Township, NC?