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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Statesville Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Statesville Township, NC

How much do homes in Statesville Township, NC cost?

Median Sold Price

$283,724

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$28,699(+11.3%)

Key Takeaway

Homes in Statesville Township have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Statesville Township was $283,724 in February 2024, up 11.3% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $160.2K$97.5K
-39.2%
2 $150K$166.5K
+11.0%
3 $255.5K$271.3K
+6.2%
4 $340K$350K
+2.9%
5+ $428K$356.7K
-16.6%

Summary: Statesville Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.2%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 16.6%.

Median Sold Price Compared To Nearby Cities

Statesville Township
+11.3%
Statesville
+7.7%
Chambersburg Township
+7.0%
Fallstown Township
+1.5%

Housing Supply in Statesville Township, NC

How many homes are available in Statesville Township, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
364411+12.9%

Summary: The Statesville Township real estate market had 411 homes for sale in February 2024, a 12.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 4150
+22.0%
3 206233
+13.1%
4 7587
+16.0%
5+ 4140
-2.4%

Summary: The Statesville Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 2.4%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
5679+41.1%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Statesville Township, you may be able to get a good deal. 60.8% of homes here sold below asking price last month.

Summary: A total of 79 homes were sold or pending in Statesville Township in February 2024, up by 41.1% month-over-month. Of the 79 sold homes, 61% were sold under asking, 27% were sold at asking, and 13% were sold over asking.

Days on Market for Statesville Township, NC

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

Average Sale Time

Feb 2023Feb 2024CHANGE
48 Days63 Days+31.6%

Summary: Homes in Statesville Township had an average of 63 days on market in Feb 2024, up by 31.6% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 79 homes were sold in Statesville Township; 37% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 18% 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 27 Days Ago

Newest Listings in Statesville Township, NC

Nearby Markets to Statesville Township, NC

What housing markets are near Statesville Township, NC?