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 Last Month

Since last month, White Oak Township has remained a Buyer'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

$796,500

$418/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$762,500(+2242.6%)

Key Takeaway

Homes in White Oak Township have sold for 2242.6% more than they did a month ago.

Summary: The median home sold price in White Oak Township was $796,500 in September 2024, up 2242.6% from last month, and the median price per square foot was $418.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $34K$796.5K
+2242.6%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: White Oak Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2242.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

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
1925+31.6%

Summary: The White Oak Township real estate market had 25 homes for sale in September 2024, a 31.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1316
+23.1%
4 14
+300.0%
5+ 00
0.0%

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 23.1%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in White Oak Township in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Aug 2024Sep 2024CHANGE
16 Days12 Days-21.9%

Summary: Homes in White Oak Township had an average of 12 days on market in Sep 2024, down by 21.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 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, 2 homes were sold in White Oak Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Sep 1, 2024

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