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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington Township is a seller's market

Buyer's
Market

Difference Since May 2022

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

Key Takeaway

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

How much do homes in Washington Township, NC cost?

Median Sold Price

$232,633

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$52,633(+29.2%)

Key Takeaway

Homes in Washington Township have sold for 29.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
N/A
2 $127.5K$137.7K
+8.0%
3 $185K$238K
+28.6%
4 $255K$270.6K
+6.1%
5+ $201.2K$315K
+56.5%

Median Sold Price Compared To Nearby Cities

Washington
+34.9%
Washington Township
+29.2%
Pactolus Township
-44.2%

How many homes are available in Washington Township, NC?

Number of Homes For Sale

Apr 2023May 2023%
7175+5.6%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 87
-12.5%
3 4954
+10.2%
4 1111
0.0%
5+ 33
0.0%

Number of Homes Sold

Apr 2023May 2023%
1617+6.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington Township, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

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

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

Average Sale Time

May 2022May 2023%
15 Days62 Days+317.6%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Washington Township, NC?

About Washington Township, NC

There are 75 homes are for sale in Washington Township, NC real estate market. The inventory of homes for sale in Washington Township, NC between April 2023 and May 2023 increased by 5.6%. The median list price of listings available in May 2023 was $232,633, while the average time on the real estate market was 62 days. From April 2023 through May 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 8%, 3 bedrooms properties prices increased by 28.6%, 4 bedrooms properties became 6.1% more expensive, the cost of 5 bedrooms properties went up by 56.5%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 12.5%, number of 3 bedrooms homes increased by 10.2%, 4 bedrooms homes did not move, number of 5 bedrooms homes remained the same. In May 2023 more than 4 listings in Washington Township, NC were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 7 were sold below.