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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Oak Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in White Oak Township, NC

How much do homes in White Oak Township, NC cost?

Median Sold Price

$611,549

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$36,382(+6.3%)

Key Takeaway

Homes in White Oak Township have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in White Oak Township was $611,549 in September 2024, up 6.3% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $257.5K$275K
+6.8%
2 $375K$375K
0.0%
3 $475K$501.1K
+5.5%
4 $589.9K$653.2K
+10.7%
5+ $947.5K$940K
-0.8%

Summary: White Oak Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Cities

Buckhorn Township
+13.7%
Apex
+6.8%
White Oak Township
+6.3%
Holly Springs Township
+5.3%
Cary
+5.1%

Housing Supply in White Oak Township, NC

How many homes are available in White Oak Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
332314-5.4%

Summary: The White Oak Township real estate market had 314 homes for sale in September 2024, a 5.4% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1919
0.0%
3 119125
+5.0%
4 10886
-20.4%
5+ 8684
-2.3%

Summary: The White Oak Township housing inventory by bedroom type for September 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 5%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes decreased by 2.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
9766-32.0%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Oak Township, you may be able to get a good deal. 62.1% of homes here sold below asking price last month.

Summary: A total of 66 homes were sold or pending in White Oak Township in September 2024, down by 32.0% month-over-month. Of the 66 sold homes, 62% were sold under asking, 24% were sold at asking, and 14% 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

Sep 2023Sep 2024CHANGE
79 Days28 Days-64.5%

Summary: Homes in White Oak Township had an average of 28 days on market in Sep 2024, down by 64.5% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 66 homes were sold in White Oak Township; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% 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 30 Days Ago

Newest Listings in White Oak Township, NC

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