Is Riverbend Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Riverbend Township has remained a Seller's Market.
Housing Prices in Riverbend Township, NC
How much do homes in Riverbend Township, NC cost?
Median Sold Price
$350,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Riverbend Township was $350,000 in June 2024, up 3.3% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | - | N/A |
2 Bedrooms | $215K | $229.5K | +6.7% |
3 Bedrooms | $330K | $334.9K | +1.5% |
4 Bedrooms | $424K | $423.7K | -0.1% |
5+ Bedrooms | $440K | $548.3K | +24.6% |
Summary: Riverbend Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 24.6%.
Median Sold Price Compared To Nearby Cities
Riverbend Township | $338.7K | $350K | +3.3% |
Stanley | $333.9K | $340K | +1.8% |
Mount Holly | $348.1K | $344.5K | -1.0% |
Ranlo | $270K | $255.5K | -5.4% |
Housing Supply in Riverbend Township, NC
How many homes are available in Riverbend Township, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
176 | 159 | -9.7% |
Summary: The Riverbend Township real estate market had 159 homes for sale in June 2024, a 9.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 24 | 21 | -12.5% |
3 Bedrooms | 100 | 97 | -3.0% |
4 Bedrooms | 43 | 36 | -16.3% |
5+ Bedrooms | 8 | 4 | -50.0% |
Summary: The Riverbend Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
48 | 33 | -31.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Riverbend Township in June 2024, down by 31.3% month-over-month. Of the 33 sold homes, 39% were sold under asking, 21% were sold at asking, and 39% were sold over asking.
Days on Market for Riverbend Township, NC
How long does it take to sell a home in Riverbend Township, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
24 Days | 26 Days | +11.0% |
Summary: Homes in Riverbend Township had an average of 26 days on market in Jun 2024, up by 11% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 33 homes were sold in Riverbend Township; 70% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.