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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Brook Township is a buyer's market

Buyer's
Market

Difference Since January 2023

Since last year, North Brook Township has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in North Brook Township, NC

How much do homes in North Brook Township, NC cost?

Median Sold Price

$250,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$58,000(+30.2%)

Key Takeaway

Homes in North Brook Township have sold for 30.2% more than they did a year ago.

Summary: The median home sold price in North Brook Township was $250,000 in January 2024, up 30.2% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 --
N/A
2 $120K$220K
+83.3%
3 $186K$260K
+39.8%
4 $232.2K-
N/A
5+ $585K-
N/A

Summary: North Brook Township housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 39.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Brook Township
+30.2%
Vale
+10.9%
Howards Creek Township
-13.2%

Housing Supply in North Brook Township, NC

How many homes are available in North Brook Township, NC?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
1312-7.7%

Summary: The North Brook Township real estate market had 12 homes for sale in January 2024, a 7.7% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1110
-9.1%
4 11
0.0%
5+ 00
0.0%

Summary: The North Brook Township housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Brook Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in North Brook Township in January 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for North Brook Township, NC

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

Average Sale Time

Jan 2023Jan 2024CHANGE
4 Days83 Days+1975.0%

Summary: Homes in North Brook Township had an average of 83 days on market in Jan 2024, up by 1975% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Brook Township has remained consistent over time.

Summary: During January 2024, 1 homes were sold in North Brook Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 29 Days Ago

Newest Listings in North Brook Township, NC

Nearby Markets to North Brook Township, NC

What housing markets are near North Brook Township, NC?