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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shiloh Township is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Shiloh Township was a Seller's Market.

Key Takeaway

Shiloh Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Shiloh Township, NC

How much do homes in Shiloh Township, NC cost?

Median Sold Price

$295,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$15,000(+5.4%)

Key Takeaway

Homes in Shiloh Township have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Shiloh Township was $295,000 in September 2024, up 5.4% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$145K
N/A
2 $159K$200K
+25.8%
3 $270K$290K
+7.4%
4 $420K$337.5K
-19.6%
5+ $458.9K-
N/A

Summary: Shiloh Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stony Point
+15.2%
Catawba Township
+11.1%
Concord Township
+5.7%
Shiloh Township
+5.4%

Housing Supply in Shiloh Township, NC

How many homes are available in Shiloh Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4746-2.1%

Summary: The Shiloh Township real estate market had 46 homes for sale in September 2024, a 2.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 3836
-5.3%
4 58
+60.0%
5+ 00
0.0%

Summary: The Shiloh 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 50%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

4 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 Shiloh Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Shiloh Township in September 2024, down by 54.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Shiloh Township, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
81 Days95 Days+17.5%

Summary: Homes in Shiloh Township had an average of 95 days on market in Sep 2024, up by 17.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 5 homes were sold in Shiloh Township; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 30 Days Ago

Newest Listings in Shiloh Township, NC

Nearby Markets to Shiloh Township, NC

What housing markets are near Shiloh Township, NC?