Is Smithville Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Smithville Township was a Seller's Market.
Housing Prices in Smithville Township, NC
How much do homes in Smithville Township, NC cost?
Median Sold Price
$578,006
$383/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Smithville Township was $578,006 in June 2024, up 12% from last year, and the median price per square foot was $383.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $286K | $250K | -12.6% |
2 Bedrooms | $370K | $390K | +5.4% |
3 Bedrooms | $509.9K | $544.7K | +6.8% |
4 Bedrooms | $732.5K | $850K | +16.0% |
5+ Bedrooms | $1.4M | $1.2M | -12.8% |
Summary: Smithville Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 12.8%.
Median Sold Price Compared To Nearby Cities
Saint James | $627K | $745.7K | +18.9% |
Smithville Township | $515.9K | $578K | +12.0% |
Caswell Beach | $545K | $582K | +6.8% |
Boiling Spring Lakes | $301K | $309K | +2.7% |
Southport | $434.1K | $419.3K | -3.4% |
Housing Supply in Smithville Township, NC
How many homes are available in Smithville Township, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
504 | 503 | -0.2% |
Summary: The Smithville Township real estate market had 503 homes for sale in June 2024, a 0.2% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 10 | -9.1% |
2 Bedrooms | 57 | 62 | +8.8% |
3 Bedrooms | 277 | 267 | -3.6% |
4 Bedrooms | 113 | 116 | +2.7% |
5+ Bedrooms | 46 | 48 | +4.3% |
Summary: The Smithville Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
91 | 72 | -20.9% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 72 homes were sold or pending in Smithville Township in June 2024, down by 20.9% month-over-month. Of the 72 sold homes, 72% were sold under asking, 24% were sold at asking, and 4% were sold over asking.
Days on Market for Smithville Township, NC
How long does it take to sell a home in Smithville Township, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
55 Days | 74 Days | +34.8% |
Summary: Homes in Smithville Township had an average of 74 days on market in Jun 2024, up by 34.8% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Summary: During June 2024, 72 homes were sold in Smithville Township; 39% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.