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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Whitakers Township is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, South Whitakers Township has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in South Whitakers Township, NC

How much do homes in South Whitakers Township, NC cost?

Median Sold Price

$295,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$11,250(-3.7%)

Key Takeaway

Homes in South Whitakers Township have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in South Whitakers Township was $295,000 in March 2024, down 3.7% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $134.4K$176.5K
+31.3%
3 $359.9K$199.5K
-44.6%
4 $328.7K$353K
+7.4%
5+ $297.3K$502.5K
+69.0%

Summary: South Whitakers Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.3%, 3 bedroom homes decreased by 44.6%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 69%.

Median Sold Price Compared To Nearby Cities

Stony Creek Township
+10.7%
Battleboro
-2.4%
South Whitakers Township
-3.7%

Housing Supply in South Whitakers Township, NC

How many homes are available in South Whitakers Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
18180.0%

Summary: The South Whitakers Township real estate market had 18 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 67
+16.7%
4 910
+11.1%
5+ 11
0.0%

Summary: The South Whitakers Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

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 South Whitakers Township, 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 South Whitakers Township in March 2024, down by 33.3% 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 South Whitakers Township, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
77 Days306 Days+297.4%

Summary: Homes in South Whitakers Township had an average of 306 days on market in Mar 2024, up by 297.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in South Whitakers Township; 0% of homes were sold within 30 days, 50% 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 25 Days Ago

Newest Listings in South Whitakers Township, NC

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What housing markets are near South Whitakers Township, NC?