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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Smithville Township is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Smithville Township, NC cost?

Median Sold Price

$495,788

$329/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$96,521(+24.2%)

Key Takeaway

Homes in Smithville Township have sold for 24.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $229.5K$199.4K
-13.1%
2 $265K$326.7K
+23.3%
3 $371.3K$462K
+24.4%
4 $654.5K$722.5K
+10.4%
5+ $978.7K$1.3M
+34.1%

Median Sold Price Compared To Nearby Cities

Caswell Beach
+35.5%
Boiling Spring Lakes
+31.4%
Saint James
+25.0%
Smithville Township
+24.2%
Southport
+7.9%

How many homes are available in Smithville Township, NC?

Number of Homes For Sale

Jul 2022Aug 2022%
403424+5.2%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 77
0.0%
2 5040
-20.0%
3 226257
+13.7%
4 7574
-1.3%
5+ 4546
+2.2%

Number of Homes Sold

Jul 2022Aug 2022%
8279-3.7%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Smithville Township, you may be able to get a good deal. 62% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
22 Days28 Days+24.7%

Breakdown of Home Sale Times

50 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Smithville 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 Smithville Township, NC

Smithville Township, NC has 424 homes on the market. Between July 2022 and August 2022, Smithville Township, NC real estate market has seen increase in the number of listings by 5.2%. In August 2022 median list price was $495,788 and the average listing age was 28 days. This housing market listing prices have changed between July 2022 and August 2022: prices of 1 bedroom properties went down by 13.1%, 2 bedrooms properties prices increased by 23.3%, prices of 3 bedrooms properties increased by 24.4%, 4 bedrooms properties prices increased by 10.4%, 5 bedrooms properties became 34.1% more expensive. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went down by 20%, volume of 3 bedrooms homes went up by 13.7%, volume of 4 bedrooms homes went down by 1.3%, 5 bedrooms homes became 2.2% more available. Smithville Township, NC housing market in August 2022 saw over 14 listings sold above listed price, more than 16 sold at listed price and over 49 sold below.

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