Is Winston Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winston Township is a seller's market

Buyer's
Market

Difference Since June 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

$265,239

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$5,574(+2.1%)

Key Takeaway

Homes in Winston Township have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Winston Township was $265,239 in June 2024, up 2.1% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $149.9K$136.2K
-9.1%
2 $160K$177.9K
+11.2%
3 $256K$264.3K
+3.2%
4 $362.4K$369K
+1.8%
5+ $519.9K$633.7K
+21.9%

Summary: Winston Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 21.9%.

Median Sold Price Compared To Nearby Cities

Winston Township
+2.1%
Winston-Salem
+2.0%
Broadbay Township
0.4%
South Fork Township
-4.8%

Housing Supply in Winston Township, NC

How many homes are available in Winston Township, NC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1,002948-5.4%

Summary: The Winston Township real estate market had 948 homes for sale in June 2024, a 5.4% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 119
-18.2%
2 180174
-3.3%
3 557489
-12.2%
4 196219
+11.7%
5+ 5857
-1.7%

Summary: The Winston Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 1.7%.

Number of Homes Sold

May 2024Jun 2024CHANGE
309286-7.4%

Asking Price vs. Sold Price

134 Homes Were Sold
Under Asking

60 Homes Were Sold
At Asking

92 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winston Township, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.

Summary: A total of 286 homes were sold or pending in Winston Township in June 2024, down by 7.4% month-over-month. Of the 286 sold homes, 47% were sold under asking, 21% were sold at asking, and 32% 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

Jun 2023Jun 2024CHANGE
19 Days29 Days+50.8%

Summary: Homes in Winston Township had an average of 29 days on market in Jun 2024, up by 50.8% compared to last year.

Breakdown of Home Sale Times

211 Homes Were Sold
Under 30 Days

56 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Winston Township are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 286 homes were sold in Winston Township; 74% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% 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 18 Days Ago

Newest Listings in Winston Township, NC

Nearby Markets to Winston Township, NC

What housing markets are near Winston Township, NC?