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

Housing Market Conditions



Gauge showing Richland Township is a seller's market


Difference Since May 2022

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

Key Takeaway

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

How much do homes in Richland Township, NC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Richland Township have sold for 6.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
2 $164.2K$160K
3 $199.9K$238K
4 $115K-
5+ $975K$589K

Median Sold Price Compared To Nearby Cities

Grant Township
Richland Township

How many homes are available in Richland Township, NC?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 12
3 78
4 00
5+ 00

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Richland Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

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

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

Average Sale Time

May 2022May 2023%
3 Days40 Days+1250.0%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Richland 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 Richland Township, NC

Richland Township, NC has 10 homes for sale to choose from. The number of listings in Richland Township, NC increased by 25% between April 2023 and May 2023. The median list price of listings available in May 2023 was $212,500, while the average time on the real estate market was 40 days. Real estate listing prices changed between April 2023 and May 2023: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices decreased by 2.6%, prices of 3 bedrooms properties increased by 19%, 4 bedrooms properties became 0% more expensive, 5 bedrooms properties prices decreased by 39.6%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 100%, volume of 3 bedrooms homes went up by 14.3%, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes have not changed. In May 2023 more than 3 listings in Richland Township, NC were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.