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
At the same time last year, White Oak Township was a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $291K | $302.2K | +3.9% |
2 Bedrooms | $267.5K | $428.5K | +60.2% |
3 Bedrooms | $460K | $565K | +22.8% |
4 Bedrooms | $579.6K | $654.5K | +12.9% |
5+ Bedrooms | $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%.
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 |
---|---|---|
190 | 214 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 13 | +44.4% |
2 Bedrooms | 27 | 29 | +7.4% |
3 Bedrooms | 84 | 91 | +8.3% |
4 Bedrooms | 55 | 64 | +16.4% |
5+ Bedrooms | 15 | 17 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 23 | -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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 56 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
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.