$284,500
34.45 Acres
Land
Melissa James, Listing Office: Keller Williams Realty Elite
Is Meadows Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Meadows Township has remained a Seller's Market.
Key Takeaway
Meadows Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meadows Township, NC
How much do homes in Meadows Township, NC cost?
Median Sold Price
$270,000
$161/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
-$26,500(-8.9%)
Key Takeaway
Homes in Meadows Township have sold for 8.9% less than they did a month ago.
Summary: The median home sold price in Meadows Township was $270,000 in August 2024, down 8.9% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250.9K | - | N/A |
| 3 Bedrooms | $393K | $269.5K | -31.4% |
| 4 Bedrooms | - | $355K | N/A |
| 5+ Bedrooms | $300K | - | N/A |
Summary: Meadows Township housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 31.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Meadows Township, NC
How many homes are available in Meadows Township, NC?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Summary: The Meadows Township real estate market had 9 homes for sale in August 2024, a 30.8% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Meadows Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Meadows Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Meadows Township in August 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Meadows Township, NC
How long does it take to sell a home in Meadows Township, NC?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 28 Days | 23 Days | -17.1% |
Summary: Homes in Meadows Township had an average of 23 days on market in Aug 2024, down by 17.1% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Meadows Township are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 5 homes were sold in Meadows Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
