Is Wadesboro Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Wadesboro Township was a Seller's Market.
Key Takeaway
Wadesboro Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Wadesboro Township, NC
How much do homes in Wadesboro Township, NC cost?
Median Sold Price
$162,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wadesboro Township have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Wadesboro Township was $162,000 in March 2024, up 15.7% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $38.2K | $16K | -58.2% |
| 2 Bedrooms | $100K | $127.5K | +27.5% |
| 3 Bedrooms | $128K | $164.4K | +28.5% |
| 4 Bedrooms | $177K | $202.5K | +14.4% |
| 5+ Bedrooms | $346K | $181K | -47.7% |
Summary: Wadesboro Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.2%, 2 bedroom homes increased by 27.5%, 3 bedroom homes increased by 28.5%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 47.7%.
Median Sold Price Compared To Nearby Cities
| Wadesboro | $134.2K | $164K | +22.2% |
| Wadesboro Township | $140K | $162K | +15.7% |
Housing Supply in Wadesboro Township, NC
How many homes are available in Wadesboro Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Summary: The Wadesboro Township real estate market had 40 homes for sale in March 2024, a 29.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 15 | 23 | +53.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Wadesboro 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 increased by 53.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wadesboro Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Wadesboro Township in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Wadesboro Township, NC
How long does it take to sell a home in Wadesboro Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 39 Days | 24 Days | -38.6% |
Summary: Homes in Wadesboro Township had an average of 24 days on market in Mar 2024, down by 38.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wadesboro Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Wadesboro Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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