Is Winston 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, Winston Township has remained a Seller's Market.
Key Takeaway
Winston Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winston Township, NC
How much do homes in Winston Township, NC cost?
Median Sold Price
$265,405
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Winston Township have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Winston Township was $265,405 in March 2024, up 3.6% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $140K | -9.7% |
| 2 Bedrooms | $159.1K | $175K | +10.0% |
| 3 Bedrooms | $254.9K | $263.7K | +3.4% |
| 4 Bedrooms | $363K | $375.5K | +3.4% |
| 5+ Bedrooms | $571K | $595K | +4.2% |
Summary: Winston Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
| Winston Township | $256.2K | $265.4K | +3.6% |
| Winston-Salem | $256K | $265.2K | +3.6% |
| Middle Fork II Township | $340.1K | $340K | 0% |
| South Fork Township | $302.5K | $299.5K | -1.0% |
| Broadbay Township | $285K | $274.9K | -3.5% |
Housing Supply in Winston Township, NC
How many homes are available in Winston Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 717 | 842 | +17.4% |
Summary: The Winston Township real estate market had 842 homes for sale in March 2024, a 17.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 10 | +150.0% |
| 2 Bedrooms | 142 | 170 | +19.7% |
| 3 Bedrooms | 375 | 452 | +20.5% |
| 4 Bedrooms | 156 | 158 | +1.3% |
| 5+ Bedrooms | 40 | 52 | +30.0% |
Summary: The Winston Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 171 | 197 | +15.2% |
Asking Price vs. Sold Price
88 Homes Were Sold
Under Asking
53 Homes Were Sold
At Asking
56 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winston Township, you may be able to get a good deal. 44.7% of homes here sold below asking price last month.
Summary: A total of 197 homes were sold or pending in Winston Township in March 2024, up by 15.2% month-over-month. Of the 197 sold homes, 45% were sold under asking, 27% were sold at asking, and 28% were sold over asking.
Days on Market for Winston Township, NC
How long does it take to sell a home in Winston Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 32 Days | -7.2% |
Summary: Homes in Winston Township had an average of 32 days on market in Mar 2024, down by 7.2% compared to last year.
Breakdown of Home Sale Times
136 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winston Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 197 homes were sold in Winston Township; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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