Is Thomasville Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Thomasville Township has remained a Seller's Market.
Housing Prices in Thomasville Township, NC
How much do homes in Thomasville Township, NC cost?
Median Sold Price
$241,017
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Thomasville Township was $241,017 in April 2024, up 4.8% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $97K | $71.2K | -26.5% |
2 Bedrooms | $137.7K | $155K | +12.5% |
3 Bedrooms | $225K | $246.2K | +9.4% |
4 Bedrooms | $316K | $339K | +7.3% |
5+ Bedrooms | $365K | $365K | 0.0% |
Summary: Thomasville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.5%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Midway Township | $300K | $355K | +18.3% |
Thomasville | $225K | $240K | +6.7% |
Thomasville Township | $230K | $241K | +4.8% |
Conrad Hill Township | $248.4K | $260K | +4.6% |
Lexington Township | $280.2K | $282.1K | +0.7% |
Housing Supply in Thomasville Township, NC
How many homes are available in Thomasville Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
180 | 182 | +1.1% |
Summary: The Thomasville Township real estate market had 182 homes for sale in April 2024, a 1.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 34 | 29 | -14.7% |
3 Bedrooms | 117 | 119 | +1.7% |
4 Bedrooms | 21 | 28 | +33.3% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Thomasville Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 14.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 45 | 0.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Thomasville Township in April 2024, the same as the previous month. Of the 45 sold homes, 31% were sold under asking, 40% were sold at asking, and 29% were sold over asking.
Days on Market for Thomasville Township, NC
How long does it take to sell a home in Thomasville Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 25 Days | -13.4% |
Summary: Homes in Thomasville Township had an average of 25 days on market in Apr 2024, down by 13.4% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in Thomasville Township; 76% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.