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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, South Whitakers Township was a Seller's Market.

Key Takeaway

South Whitakers Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in South Whitakers Township, NC

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

Median Sold Price

$585,000

$201/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$305,500(+109.3%)

Key Takeaway

Homes in South Whitakers Township have sold for 109.3% more than they did a month ago.

Summary: The median home sold price in South Whitakers Township was $585,000 in September 2024, up 109.3% from last month, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $159K$163.7K
+3.0%
3 $400K-
N/A
4 -$585K
N/A
5+ --
N/A

Summary: South Whitakers Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in South Whitakers Township, NC

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1620+25.0%

Summary: The South Whitakers Township real estate market had 20 homes for sale in September 2024, a 25.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 78
+14.3%
4 79
+28.6%
5+ 01
+100.0%

Summary: The South Whitakers 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in South Whitakers Township in September 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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

Aug 2024Sep 2024CHANGE
111 Days48 Days-56.3%

Summary: Homes in South Whitakers Township had an average of 48 days on market in Sep 2024, down by 56.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 September 2024, 3 homes were sold in South Whitakers Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 South Whitakers Township, NC

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What housing markets are near South Whitakers Township, NC?