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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vienna Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Vienna Township, NC

How much do homes in Vienna Township, NC cost?

Median Sold Price

$462,600

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$62,600(+15.7%)

Key Takeaway

Homes in Vienna Township have sold for 15.7% more than they did a year ago.

Summary: The median home sold price in Vienna Township was $462,600 in February 2024, up 15.7% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $191.5K$183.2K
-4.3%
3 $333.5K$325K
-2.5%
4 $479.9K$667.5K
+39.1%
5+ $755K$900K
+19.2%

Summary: Vienna Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 39.1%, and 5+ bedroom homes increased by 19.2%.

Median Sold Price Compared To Nearby Cities

Vienna Township
+15.7%
Lewisville
+9.5%
Pfafftown
+0.8%

Housing Supply in Vienna Township, NC

How many homes are available in Vienna Township, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5149-3.9%

Summary: The Vienna Township real estate market had 49 homes for sale in February 2024, a 3.9% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2924
-17.2%
4 1613
-18.8%
5+ 37
+133.3%

Summary: The Vienna Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 133.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
12120.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vienna Township, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Vienna Township in February 2024, the same as the previous month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.

Days on Market for Vienna Township, NC

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

Average Sale Time

Feb 2023Feb 2024CHANGE
44 Days18 Days-59.0%

Summary: Homes in Vienna Township had an average of 18 days on market in Feb 2024, down by 59% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 12 homes were sold in Vienna Township; 75% of homes were sold within 30 days, 25% 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 28 Days Ago

Newest Listings in Vienna Township, NC

Nearby Markets to Vienna Township, NC

What housing markets are near Vienna Township, NC?