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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Triangle Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Triangle Township, NC

How much do homes in Triangle Township, NC cost?

Median Sold Price

$446,299

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$26,327(+6.3%)

Key Takeaway

Homes in Triangle Township have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Triangle Township was $446,299 in September 2024, up 6.3% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $216K$225K
+4.2%
2 $305K$315K
+3.3%
3 $400.1K$425K
+6.2%
4 $550K$560K
+1.8%
5+ $775K$783.7K
+1.1%

Summary: Triangle Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 1.1%.

Median Sold Price Compared To Nearby Cities

Triangle Township
+6.3%
Durham Township
+5.4%
Durham
+5.1%
Chapel Hill Township
+3.2%
Chapel Hill
+2.8%

Housing Supply in Triangle Township, NC

How many homes are available in Triangle Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
387395+2.1%

Summary: The Triangle Township real estate market had 395 homes for sale in September 2024, a 2.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 79
+28.6%
2 5052
+4.0%
3 196206
+5.1%
4 10299
-2.9%
5+ 3229
-9.4%

Summary: The Triangle Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 9.4%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
9996-3.0%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Triangle Township, you may be able to get a good deal. 51% of homes here sold below asking price last month.

Summary: A total of 96 homes were sold or pending in Triangle Township in September 2024, down by 3.0% month-over-month. Of the 96 sold homes, 51% were sold under asking, 25% were sold at asking, and 24% 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

Sep 2023Sep 2024CHANGE
63 Days28 Days-54.1%

Summary: Homes in Triangle Township had an average of 28 days on market in Sep 2024, down by 54.1% compared to last year.

Breakdown of Home Sale Times

65 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Triangle Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 96 homes were sold in Triangle Township; 68% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 1% 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 30 Days Ago

Newest Listings in Triangle Township, NC

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