Is White Oak 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, White Oak Township has remained a Seller's Market.
Housing Prices in White Oak Township, NC
How much do homes in White Oak Township, NC cost?
Median Sold Price
$576,555
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in White Oak Township was $576,555 in March 2024, down 0.6% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $265K | 0.0% |
2 Bedrooms | $392.5K | $365K | -7.0% |
3 Bedrooms | $474.9K | $481.6K | +1.4% |
4 Bedrooms | $591.9K | $609.3K | +2.9% |
5+ Bedrooms | $950.4K | $935.5K | -1.6% |
Summary: White Oak 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 decreased by 7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Cities
Cary | $564.7K | $585.5K | +3.7% |
Apex | $575K | $581.6K | +1.1% |
Buckhorn Township | $630K | $633.8K | +0.6% |
White Oak Township | $579.8K | $576.5K | -0.6% |
Holly Springs Township | $587.3K | $559.1K | -4.8% |
Housing Supply in White Oak Township, NC
How many homes are available in White Oak Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
270 | 289 | +7.0% |
Summary: The White Oak Township real estate market had 289 homes for sale in March 2024, a 7.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 16 | 12 | -25.0% |
3 Bedrooms | 104 | 98 | -5.8% |
4 Bedrooms | 94 | 114 | +21.3% |
5+ Bedrooms | 54 | 63 | +16.7% |
Summary: The White Oak 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 25%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
69 | 85 | +23.2% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 85 homes were sold or pending in White Oak Township in March 2024, up by 23.2% month-over-month. Of the 85 sold homes, 32% were sold under asking, 25% were sold at asking, and 44% were sold over asking.
Days on Market for White Oak Township, NC
How long does it take to sell a home in White Oak Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
103 Days | 59 Days | -42.1% |
Summary: Homes in White Oak Township had an average of 59 days on market in Mar 2024, down by 42.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
55 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During March 2024, 85 homes were sold in White Oak Township; 19% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.