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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Williams Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, South Williams Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in South Williams Township, NC

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

Median Sold Price

$105,500

$71/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$244,500(-69.9%)

Key Takeaway

Homes in South Williams Township have sold for 69.9% less than they did a month ago.

Summary: The median home sold price in South Williams Township was $105,500 in March 2024, down 69.9% from last month, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $350K-
N/A
2 -$119K
N/A
3 -$92K
N/A
4 --
N/A
5+ --
N/A

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

Median Sold Price Compared To Nearby Cities

Green Sea
+76.7%
South Williams Township
-69.9%

Housing Supply in South Williams Township, NC

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
11110.0%

Summary: The South Williams Township real estate market had 11 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 12
+100.0%
3 99
0.0%
4 00
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

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 Williams 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 Williams Township in March 2024, up by 100.0% 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 Williams Township, NC

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

Average Sale Time

Feb 2024Mar 2024CHANGE
134 Days116 Days-13.4%

Summary: Homes in South Williams Township had an average of 116 days on market in Mar 2024, down by 13.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Williams Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in South Williams Township; 50% of homes were sold within 30 days, 0% 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 18 Days Ago

Newest Listings in South Williams Township, NC

Nearby Markets to South Williams Township, NC

What housing markets are near South Williams Township, NC?