Is New Hope Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, New Hope Township was a Buyer's Market.
Housing Prices in New Hope Township, NC
How much do homes in New Hope Township, NC cost?
Median Sold Price
$530,000
$250/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in New Hope Township was $530,000 in March 2024, up 130.4% from last month, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $230K | $530K | +130.4% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: New Hope Township housing prices by bedroom type for March 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 increased by 130.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in New Hope Township, NC
How many homes are available in New Hope Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Summary: The New Hope Township real estate market had 8 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The New Hope 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 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in New Hope Township in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for New Hope Township, NC
How long does it take to sell a home in New Hope Township, NC?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 Days | 28 Days | -63.6% |
Summary: Homes in New Hope Township had an average of 28 days on market in Mar 2024, down by 63.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in New Hope Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.