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 buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, White Oak Township was a Seller's Market.

Key Takeaway

White Oak Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in White Oak Township, NC

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

Median Sold Price

$585,000

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$120,000(+25.8%)

Key Takeaway

Homes in White Oak Township have sold for 25.8% more than they did a year ago.

Summary: The median home sold price in White Oak Township was $585,000 in March 2024, up 25.8% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $291K$302.2K
+3.9%
2 $267.5K$428.5K
+60.2%
3 $460K$565K
+22.8%
4 $579.6K$654.5K
+12.9%
5+ $1.9M$1.5M
-21.1%

Summary: White Oak Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 60.2%, 3 bedroom homes increased by 22.8%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 21.1%.

Median Sold Price Compared To Nearby Cities

White Oak Township
+25.8%
Swansboro
+18.9%
Swansboro
+18.6%

Housing Supply in White Oak Township, NC

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
190214+12.6%

Summary: The White Oak Township real estate market had 214 homes for sale in March 2024, a 12.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 913
+44.4%
2 2729
+7.4%
3 8491
+8.3%
4 5564
+16.4%
5+ 1517
+13.3%

Summary: The White Oak Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3323-30.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 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. 52.2% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in White Oak Township in March 2024, down by 30.3% month-over-month. Of the 23 sold homes, 52% were sold under asking, 22% were sold at asking, and 26% 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 2023Mar 2024CHANGE
43 Days56 Days+28.0%

Summary: Homes in White Oak Township had an average of 56 days on market in Mar 2024, up by 28% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 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 March 2024, 23 homes were sold in White Oak Township; 57% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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 22 Days Ago

Newest Listings in White Oak Township, NC

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