Is Williams 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, Williams Township has remained a Seller's Market.
Key Takeaway
Williams Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Williams Township, NC
How much do homes in Williams Township, NC cost?
Median Sold Price
$774,333
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Williams Township have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Williams Township was $774,333 in March 2024, up 9.2% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | $475K | $473K | -0.4% |
| 3 Bedrooms | $665K | $715K | +7.5% |
| 4 Bedrooms | $915.5K | $950K | +3.8% |
| 5+ Bedrooms | $950K | $1.0M | +12.4% |
Summary: Williams 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 0.4%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 12.4%.
Median Sold Price Compared To Nearby Cities
| Williams Township | $709.2K | $774.3K | +9.2% |
| Chapel Hill Township | $597.6K | $650K | +8.8% |
| Baldwin Township | $600K | $615K | +2.5% |
| Triangle Township | $424.9K | $435.3K | +2.4% |
| New Hope Township | $1.0M | $1.0M | -1.8% |
Housing Supply in Williams Township, NC
How many homes are available in Williams Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 125 | 132 | +5.6% |
Summary: The Williams Township real estate market had 132 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 34 | 39 | +14.7% |
| 4 Bedrooms | 40 | 39 | -2.5% |
| 5+ Bedrooms | 37 | 41 | +10.8% |
Summary: The Williams 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 7.1%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 10.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 28 | +33.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Williams Township, you could pay more than the asking price. 46.4% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in Williams Township in March 2024, up by 33.3% month-over-month. Of the 28 sold homes, 39% were sold under asking, 14% were sold at asking, and 46% were sold over asking.
Days on Market for Williams Township, NC
How long does it take to sell a home in Williams Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 123 Days | 54 Days | -56.1% |
Summary: Homes in Williams Township had an average of 54 days on market in Mar 2024, down by 56.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Williams Township has remained consistent over time.
Summary: During March 2024, 28 homes were sold in Williams Township; 32% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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