Is Oak Level Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Oak Level Township has remained a Seller's Market.
Housing Prices in Oak Level Township, NC
How much do homes in Oak Level Township, NC cost?
Median Sold Price
$276,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Oak Level Township was $276,000 in March 2024, down 1.7% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $164.7K | $185.5K | +12.6% |
3 Bedrooms | $257K | $272.4K | +6.0% |
4 Bedrooms | $293.9K | $450K | +53.1% |
5+ Bedrooms | $313.5K | $849.9K | +171.1% |
Summary: Oak Level Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 53.1%, and 5+ bedroom homes increased by 171.1%.
Median Sold Price Compared To Nearby Cities
Stony Creek Township | $225K | $249K | +10.7% |
Nashville | $250K | $268.5K | +7.4% |
Nashville Township | $260K | $268.5K | +3.3% |
Oak Level Township | $280.8K | $276K | -1.7% |
Rocky Mount Township | $225K | $210K | -6.7% |
Housing Supply in Oak Level Township, NC
How many homes are available in Oak Level Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Summary: The Oak Level Township real estate market had 22 homes for sale in March 2024, a 4.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 10 | 10 | 0.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oak Level 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 9 | +800.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Oak Level Township in March 2024, up by 800.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for Oak Level Township, NC
How long does it take to sell a home in Oak Level Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 35 Days | -50.2% |
Summary: Homes in Oak Level Township had an average of 35 days on market in Mar 2024, down by 50.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Oak Level Township; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.