Is Triangle Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Triangle Township has remained a Seller's Market.
Housing Prices in Triangle Township, NC
How much do homes in Triangle Township, NC cost?
Median Sold Price
$435,357
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Triangle Township was $435,357 in March 2024, up 2.4% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $241.5K | +12.3% |
2 Bedrooms | $309.9K | $310K | 0.0% |
3 Bedrooms | $406.1K | $419K | +3.2% |
4 Bedrooms | $560K | $550K | -1.8% |
5+ Bedrooms | $765.5K | $789.4K | +3.1% |
Summary: Triangle Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
Chapel Hill Township | $597.6K | $650K | +8.8% |
Chapel Hill | $606.8K | $659.6K | +8.7% |
Triangle Township | $424.9K | $435.3K | +2.4% |
Durham | $406.5K | $414.8K | +2.1% |
Durham Township | $406K | $410.7K | +1.2% |
Housing Supply in Triangle Township, NC
How many homes are available in Triangle Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
292 | 310 | +6.2% |
Summary: The Triangle Township real estate market had 310 homes for sale in March 2024, a 6.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 6 | +100.0% |
2 Bedrooms | 46 | 43 | -6.5% |
3 Bedrooms | 140 | 158 | +12.9% |
4 Bedrooms | 80 | 72 | -10.0% |
5+ Bedrooms | 26 | 31 | +19.2% |
Summary: The Triangle Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 19.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
84 | 98 | +16.7% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
43 Homes Were Sold
Over Asking
Summary: A total of 98 homes were sold or pending in Triangle Township in March 2024, up by 16.7% month-over-month. Of the 98 sold homes, 33% were sold under asking, 23% were sold at asking, and 44% were sold over asking.
Days on Market for Triangle Township, NC
How long does it take to sell a home in Triangle Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
66 Days | 59 Days | -11.1% |
Summary: Homes in Triangle Township had an average of 59 days on market in Mar 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
57 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During March 2024, 98 homes were sold in Triangle Township; 24% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.