Is Quaker Meadows 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, Quaker Meadows Township has remained a Seller's Market.
Key Takeaway
Quaker Meadows Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Quaker Meadows Township, NC
How much do homes in Quaker Meadows Township, NC cost?
Median Sold Price
$342,500
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Quaker Meadows Township have sold for 24.5% more than they did a year ago.
Summary: The median home sold price in Quaker Meadows Township was $342,500 in March 2024, up 24.5% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $182.5K | $162.5K | -11.0% |
| 3 Bedrooms | $250.5K | $335K | +33.7% |
| 4 Bedrooms | $399.9K | $426K | +6.5% |
| 5+ Bedrooms | $299.9K | $470K | +56.7% |
Summary: Quaker Meadows 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 decreased by 11%, 3 bedroom homes increased by 33.7%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 56.7%.
Median Sold Price Compared To Nearby Cities
| Quaker Meadows Township | $275K | $342.5K | +24.5% |
| Morganton | $255K | $267.2K | +4.8% |
| Morganton Township | $255K | $266.3K | +4.4% |
| Silver Creek Township | $253K | $229K | -9.5% |
Housing Supply in Quaker Meadows Township, NC
How many homes are available in Quaker Meadows Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The Quaker Meadows Township real estate market had 25 homes for sale in March 2024, a 8.7% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Quaker Meadows 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 decreased by 33.3%, 3 bedroom homes increased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 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 Quaker Meadows Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Quaker Meadows Township in March 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Quaker Meadows Township, NC
How long does it take to sell a home in Quaker Meadows Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 34 Days | +3.7% |
Summary: Homes in Quaker Meadows Township had an average of 34 days on market in Mar 2024, up by 3.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Quaker Meadows Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Quaker Meadows Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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