Is New Light Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, New Light Township has remained a Buyer's Market.
Key Takeaway
New Light Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in New Light Township, NC cost?
Median Sold Price
$842,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Key Takeaway
Homes in New Light Township have sold for 29.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | $272K | N/A |
| 2 Bedrooms | $525K | $274K | -47.8% |
| 3 Bedrooms | $450K | $628K | +39.6% |
| 4 Bedrooms | $647K | $885K | +36.8% |
| 5+ Bedrooms | $907.5K | $1.2M | +37.7% |
Median Sold Price Compared To Nearby Cities
| Dutchville Township | $220K | $304K | +38.2% |
| New Light Township | $650K | $842K | +29.5% |
| Carr Township | $390.5K | $475K | +21.6% |
| Wake Forest Township | $413.2K | $483.8K | +17.1% |
| Bartons Creek Township | $767.5K | $850K | +10.7% |
How many homes are available in New Light Township, NC?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 64 | 54 | -15.6% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 40 | 34 | -15.0% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 15 | 4 | -73.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Light Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 20 Days | 16 Days | -19.0% |
Breakdown of Home Sale Times
3 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 New Light Township are selling fast, if you're buying plan to act quickly.
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