Is Washington Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, NC
How much do homes in Washington Township, NC cost?
Median Sold Price
$263,490
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Washington Township was $263,490 in March 2024, up 1.3% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $449.9K | - | N/A |
2 Bedrooms | $160K | $165K | +3.1% |
3 Bedrooms | $260K | $259.9K | 0% |
4 Bedrooms | $343.2K | $297K | -13.5% |
5+ Bedrooms | $392.5K | $278K | -29.2% |
Summary: Washington 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 3.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes decreased by 29.2%.
Median Sold Price Compared To Nearby Cities
Williamsburg Township | $250K | $300K | +20.0% |
Mc Leansville | $280K | $300K | +7.1% |
Jefferson Township | $261.1K | $270K | +3.4% |
Washington Township | $260K | $263.4K | +1.3% |
Browns Summit | $339K | $343.3K | +1.3% |
Housing Supply in Washington Township, NC
How many homes are available in Washington Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
94 | 88 | -6.4% |
Summary: The Washington Township real estate market had 88 homes for sale in March 2024, a 6.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 53 | 51 | -3.8% |
4 Bedrooms | 25 | 21 | -16.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Washington 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 decreased by 10%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 18 | +38.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Washington Township in March 2024, up by 38.5% month-over-month. Of the 18 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Washington Township, NC
How long does it take to sell a home in Washington Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 90 Days | +31.3% |
Summary: Homes in Washington Township had an average of 90 days on market in Mar 2024, up by 31.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in Washington Township; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.