Is Wentworth Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Wentworth Township was a Buyer's Market.
Housing Prices in Wentworth Township, NC
How much do homes in Wentworth Township, NC cost?
Median Sold Price
$268,950
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Wentworth Township was $268,950 in February 2024, up 28.1% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $228.4K | N/A |
2 Bedrooms | $162.5K | $194K | +19.4% |
3 Bedrooms | $218K | $281K | +28.9% |
4 Bedrooms | $249.9K | $415K | +66.1% |
5+ Bedrooms | $355K | $372.4K | +4.9% |
Summary: Wentworth 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 increased by 19.4%, 3 bedroom homes increased by 28.9%, 4 bedroom homes increased by 66.1%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Cities
Wentworth Township | $210K | $268.9K | +28.1% |
Reidsville | $175.4K | $211.1K | +20.4% |
Reidsville Township | $176.6K | $210.7K | +19.3% |
Simpsonville Township | $350K | $395.1K | +12.9% |
Housing Supply in Wentworth Township, NC
How many homes are available in Wentworth Township, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
21 | 16 | -23.8% |
Summary: The Wentworth Township real estate market had 16 homes for sale in February 2024, a 23.8% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 12 | 7 | -41.7% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wentworth 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 20%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Wentworth Township in February 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Wentworth Township, NC
How long does it take to sell a home in Wentworth Township, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
78 Days | 84 Days | +7.7% |
Summary: Homes in Wentworth Township had an average of 84 days on market in Feb 2024, up by 7.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Wentworth Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.