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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wentworth Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Wentworth Township, NC

How much do homes in Wentworth Township, NC cost?

Median Sold Price

$281,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$64,500(+29.8%)

Key Takeaway

Homes in Wentworth Township have sold for 29.8% more than they did a year ago.

Summary: The median home sold price in Wentworth Township was $281,000 in March 2024, up 29.8% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$228.4K
N/A
2 $160K$200K
+25.0%
3 $219K$285K
+30.1%
4 $267.4K$507K
+89.6%
5+ $355K$372.4K
+4.9%

Summary: Wentworth 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 25%, 3 bedroom homes increased by 30.1%, 4 bedroom homes increased by 89.6%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Cities

Wentworth
+32.0%
Wentworth Township
+29.8%
Reidsville
+18.0%
Reidsville Township
+17.4%

Housing Supply in Wentworth Township, NC

How many homes are available in Wentworth Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2327+17.4%

Summary: The Wentworth Township real estate market had 27 homes for sale in March 2024, a 17.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1317
+30.8%
4 44
0.0%
5+ 00
0.0%

Summary: The Wentworth 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 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
312+300.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wentworth Township, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Wentworth Township in March 2024, up by 300.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% 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

Mar 2023Mar 2024CHANGE
50 Days56 Days+11.6%

Summary: Homes in Wentworth Township had an average of 56 days on market in Mar 2024, up by 11.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 12 homes were sold in Wentworth Township; 75% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 17% 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 12 Days Ago

Newest Listings in Wentworth Township, NC

Nearby Markets to Wentworth Township, NC

What housing markets are near Wentworth Township, NC?