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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saratoga Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Saratoga Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Saratoga Township, NC

How much do homes in Saratoga Township, NC cost?

Median Sold Price

$242,900

$163/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$122,900(+102.4%)

Key Takeaway

Homes in Saratoga Township have sold for 102.4% more than they did a month ago.

Summary: The median home sold price in Saratoga Township was $242,900 in September 2024, up 102.4% from last month, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $160K-
N/A
3 $120K$242.9K
+102.4%
4 $29K-
N/A
5+ --
N/A

Summary: Saratoga Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 102.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Saratoga
+737.6%
Saratoga Township
+102.4%
Gardners Township
-50.6%

Housing Supply in Saratoga Township, NC

How many homes are available in Saratoga Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
52-60.0%

Summary: The Saratoga Township real estate market had 2 homes for sale in September 2024, a 60.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 32
-33.3%
4 10
-100.0%
5+ 00
0.0%

Summary: The Saratoga 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 decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saratoga Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Saratoga Township in September 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Saratoga Township, NC

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

Average Sale Time

Aug 2024Sep 2024CHANGE
24 Days45 Days+87.5%

Summary: Homes in Saratoga Township had an average of 45 days on market in Sep 2024, up by 87.5% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Saratoga Township has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Saratoga Township; 0% of homes were sold within 30 days, 100% 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 Sep 1, 2024

Newest Listings in Saratoga Township, NC

Nearby Markets to Saratoga Township, NC