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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Airy Township is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Mount Airy Township was a Seller's Market.

Key Takeaway

Mount Airy 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.

Housing Prices in Mount Airy Township, NC

How much do homes in Mount Airy Township, NC cost?

Median Sold Price

$223,500

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,000(+9.3%)

Key Takeaway

Homes in Mount Airy Township have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Mount Airy Township was $223,500 in March 2024, up 9.3% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $65.5K$159K
+142.7%
2 $153K$174.4K
+14.0%
3 $209K$227.4K
+8.8%
4 $325K$343.5K
+5.7%
5+ $417K$399K
-4.3%

Summary: Mount Airy Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 142.7%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 4.3%.

Median Sold Price Compared To Nearby Cities

Stewarts Creek Township
+16.9%
Mount Airy Township
+9.3%
Mount Airy
+5.1%

Housing Supply in Mount Airy Township, NC

How many homes are available in Mount Airy Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
102104+2.0%

Summary: The Mount Airy Township real estate market had 104 homes for sale in March 2024, a 2.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 53
-40.0%
2 1923
+21.1%
3 5861
+5.2%
4 1916
-15.8%
5+ 11
0.0%

Summary: The Mount Airy Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2416-33.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Airy Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Mount Airy Township in March 2024, down by 33.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Mount Airy Township, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days40 Days-25.1%

Summary: Homes in Mount Airy Township had an average of 40 days on market in Mar 2024, down by 25.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mount Airy Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 16 homes were sold in Mount Airy Township; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% 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 25 Days Ago

Newest Listings in Mount Airy Township, NC

Nearby Markets to Mount Airy Township, NC

What housing markets are near Mount Airy Township, NC?