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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Turnersburg Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Turnersburg Township, NC

How much do homes in Turnersburg Township, NC cost?

Median Sold Price

$277,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$42,000(+17.9%)

Key Takeaway

Homes in Turnersburg Township have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in Turnersburg Township was $277,000 in March 2024, up 17.9% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $210K$252.5K
+20.2%
3 $241.9K$259K
+7.0%
4 $241.3K$370K
+53.3%
5+ -$350K
N/A

Summary: Turnersburg 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 20.2%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 53.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Turnersburg Township
+17.9%
Cool Springs Township
+11.7%
Olin Township
+6.7%
Harmony
+6.2%

Housing Supply in Turnersburg Township, NC

How many homes are available in Turnersburg Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1312-7.7%

Summary: The Turnersburg Township real estate market had 12 homes for sale in March 2024, a 7.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 87
-12.5%
4 44
0.0%
5+ 00
0.0%

Summary: The Turnersburg 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Turnersburg Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Turnersburg Township in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Turnersburg Township, NC

How long does it take to sell a home in Turnersburg Township, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
36 Days17 Days-51.8%

Summary: Homes in Turnersburg Township had an average of 17 days on market in Mar 2024, down by 51.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 4 homes were sold in Turnersburg Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 24 Days Ago

Newest Listings in Turnersburg Township, NC

Nearby Markets to Turnersburg Township, NC

What housing markets are near Turnersburg Township, NC?