Is Triangle Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$442,113
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Triangle Township was $442,113 in June 2024, up 5.6% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $223K | $235K | +5.4% |
2 Bedrooms | $301.6K | $311K | +3.1% |
3 Bedrooms | $400.4K | $419.9K | +4.9% |
4 Bedrooms | $547.5K | $550K | 0.4% |
5+ Bedrooms | $780K | $778.5K | -0.2% |
Summary: Triangle Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Cities
Triangle Township | $418.6K | $442.1K | +5.6% |
Durham | $400.8K | $417.5K | +4.2% |
Chapel Hill Township | $619.6K | $644.6K | +4.0% |
Durham Township | $400K | $415K | +3.7% |
Chapel Hill | $630.1K | $651.1K | +3.3% |
Housing Supply in Triangle Township, NC
How many homes are available in Triangle Township, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
430 | 382 | -11.2% |
Summary: The Triangle Township real estate market had 382 homes for sale in June 2024, a 11.2% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 56 | 59 | +5.4% |
3 Bedrooms | 230 | 181 | -21.3% |
4 Bedrooms | 97 | 97 | 0.0% |
5+ Bedrooms | 42 | 39 | -7.1% |
Summary: The Triangle Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
142 | 109 | -23.2% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Summary: A total of 109 homes were sold or pending in Triangle Township in June 2024, down by 23.2% month-over-month. Of the 109 sold homes, 35% were sold under asking, 20% were sold at asking, and 45% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
60 Days | 18 Days | -69.0% |
Summary: Homes in Triangle Township had an average of 18 days on market in Jun 2024, down by 69% compared to last year.
Breakdown of Home Sale Times
91 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During June 2024, 109 homes were sold in Triangle Township; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.