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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Raeford Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Raeford Township, NC cost?

Median Sold Price

$231,025

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$46,025(+24.9%)

Key Takeaway

Homes in Raeford Township have sold for 24.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $58.5K$139.7K
+138.9%
3 $178.6K$210K
+17.5%
4 $245K$271.5K
+10.8%
5+ $270.5K$350K
+29.4%

Median Sold Price Compared To Nearby Cities

Antioch Township
+35.6%
Raeford
+34.9%
Raeford Township
+24.9%
Quewhiffle Township
+9.7%

How many homes are available in Raeford Township, NC?

Number of Homes For Sale

Oct 2022Nov 2022%
6858-14.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 13
+200.0%
3 3428
-17.6%
4 2018
-10.0%
5+ 139
-30.8%

Number of Homes Sold

Oct 2022Nov 2022%
2215-31.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Raeford Township, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days8 Days-49.4%

Breakdown of Home Sale Times

14 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

Many homes in Raeford Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Raeford Township, NC

There are 58 homes are for sale in Raeford Township, NC real estate market. Between October 2022 and November 2022, Raeford Township, NC real estate market has seen decrease in the number of listings by 14.7%. In November 2022, listings were on the market for 8 days. During the same period, the median list price in this real estate market was $231,025. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 138.9%, the cost of 3 bedrooms properties went up by 17.5%, the cost of 4 bedrooms properties went up by 10.8%, 5 bedrooms properties became 29.4% more expensive. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 200%, the quantity of 3 bedrooms homes went down by 17.6%, volume of 4 bedrooms homes went down by 10%, number of 5 bedrooms homes decreased by 30.8%. Over 5 listings were sold over their listed price in November 2022 in Raeford Township, NC. In the same period over 2 listings were sold below the listed price and 8 listings were sold for the listed price.

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