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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Old Fields Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Old Fields Township has remained a Seller's Market.

Key Takeaway

Old Fields Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Old Fields Township, NC

How much do homes in Old Fields Township, NC cost?

Median Sold Price

$350,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$6,100(+1.8%)

Key Takeaway

Homes in Old Fields Township have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Old Fields Township was $350,000 in September 2024, up 1.8% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 -$159.9K
N/A
3 $342.9K$347K
+1.2%
4 $385K$414K
+7.5%
5+ --
N/A

Summary: Old Fields Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bailey Township
+5.3%
Old Fields Township
+1.8%
Sims
-9.5%

Housing Supply in Old Fields Township, NC

How many homes are available in Old Fields Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3235+9.4%

Summary: The Old Fields Township real estate market had 35 homes for sale in September 2024, a 9.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2424
0.0%
4 57
+40.0%
5+ 00
0.0%

Summary: The Old Fields Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Old Fields Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Old Fields Township in September 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for Old Fields Township, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
73 Days35 Days-51.4%

Summary: Homes in Old Fields Township had an average of 35 days on market in Sep 2024, down by 51.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were 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 Old Fields Township has remained consistent over time.

Summary: During September 2024, 6 homes were sold in Old Fields Township; 33% of homes were sold within 30 days, 67% 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 30 Days Ago

Newest Listings in Old Fields Township, NC

Nearby Markets to Old Fields Township, NC

What housing markets are near Old Fields Township, NC?