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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Notla Township is a buyer's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Notla Township, NC

How much do homes in Notla Township, NC cost?

Median Sold Price

$312,250

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$22,350(+7.7%)

Key Takeaway

Homes in Notla Township have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Notla Township was $312,250 in February 2024, up 7.7% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $179.9K$215K
+19.5%
2 $285K$300K
+5.3%
3 $350K$405K
+15.7%
4 $658.5K$280K
-57.5%
5+ -$303.9K
N/A

Summary: Notla Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 57.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Notla Township
+7.7%
Murphy Township
+7.5%
Ivylog
+6.9%

Housing Supply in Notla Township, NC

How many homes are available in Notla Township, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4152+26.8%

Summary: The Notla Township real estate market had 52 homes for sale in February 2024, a 26.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 33
0.0%
2 2232
+45.5%
3 1415
+7.1%
4 00
0.0%
5+ 22
0.0%

Summary: The Notla Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 45.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were 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 Notla Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Notla Township in February 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Notla Township, NC

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Notla Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 2 homes were sold in Notla Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 27 Days Ago

Newest Listings in Notla Township, NC

Nearby Markets to Notla Township, NC

What housing markets are near Notla Township, NC?