Is Sulphur Springs Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sulphur Springs Township was a Neutral Market.
Housing Prices in Sulphur Springs Township, NC
How much do homes in Sulphur Springs Township, NC cost?
Median Sold Price
$259,500
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sulphur Springs Township was $259,500 in March 2024, up 23.6% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $192.4K | $343K | +78.2% |
3 Bedrooms | $224.7K | $235.5K | +4.8% |
4 Bedrooms | $170K | $410K | +141.2% |
5+ Bedrooms | - | $481K | N/A |
Summary: Sulphur Springs 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 78.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 141.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Sulphur Springs Township | $210K | $259.5K | +23.6% |
Rutherfordton Township | $227.5K | $252.6K | +11.1% |
Cool Spring Township | $195.5K | $214.5K | +9.7% |
High Shoals Township | $185K | $196.7K | +6.3% |
Union Township | $359K | $327.4K | -8.8% |
Housing Supply in Sulphur Springs Township, NC
How many homes are available in Sulphur Springs Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 16 | +23.1% |
Summary: The Sulphur Springs Township real estate market had 16 homes for sale in March 2024, a 23.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sulphur Springs 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 increased by 40%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Sulphur Springs Township in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Sulphur Springs Township, NC
How long does it take to sell a home in Sulphur Springs Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 53 Days | +657.1% |
Summary: Homes in Sulphur Springs Township had an average of 53 days on market in Mar 2024, up by 657.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Sulphur Springs Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.