Is Shiloh, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shiloh is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Shiloh was a Neutral Market.

Key Takeaway

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

Housing Prices in Shiloh, NC

How much do homes in Shiloh, NC cost?

Median Sold Price

$393,500

$202/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$38,500(+10.8%)

Key Takeaway

Homes in Shiloh have sold for 10.8% more than they did a month ago.

Summary: The median home sold price in Shiloh was $393,500 in April 2024, up 10.8% from last month, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $355K$270K
-23.9%
4 -$517K
N/A
5+ --
N/A

Summary: Shiloh housing prices by bedroom type for April 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 decreased by 23.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Shiloh
+10.8%
Shiloh Township
-15.6%
Poplar Branch Township
-51.6%

Housing Supply in Shiloh, NC

How many homes are available in Shiloh, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
65-16.7%

Summary: The Shiloh real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Shiloh housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shiloh, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Shiloh in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Shiloh, NC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
102 Days59 Days-42.2%

Summary: Homes in Shiloh had an average of 59 days on market in Apr 2024, down by 42.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Shiloh; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 19 Days Ago

Newest Listings in Shiloh, NC

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