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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wolf Pit Township is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Wolf Pit Township was a Buyer's Market.

Key Takeaway

Wolf Pit Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wolf Pit Township, NC

How much do homes in Wolf Pit Township, NC cost?

Median Sold Price

$132,500

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$500(+0.4%)

Key Takeaway

The sold price of homes in Wolf Pit Township has remained the same since last year.

Summary: The median home sold price in Wolf Pit Township was $132,500 in April 2024, up 0.4% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$38K
N/A
2 $64.9K$105.5K
+62.6%
3 $138.4K$162K
+17.0%
4 $160K$284.9K
+78.1%
5+ $449K$132K
-70.6%

Summary: Wolf Pit Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 62.6%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 78.1%, and 5+ bedroom homes decreased by 70.6%.

Median Sold Price Compared To Nearby Cities

Marks Creek Township
+17.4%
Rockingham
+2.6%
Rockingham Township
+2.6%
Wolf Pit Township
0.4%

Housing Supply in Wolf Pit Township, NC

How many homes are available in Wolf Pit Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1917-10.5%

Summary: The Wolf Pit Township real estate market had 17 homes for sale in April 2024, a 10.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 44
0.0%
3 1412
-14.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Wolf Pit Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were 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 Wolf Pit Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wolf Pit Township in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Wolf Pit Township, NC

How long does it take to sell a home in Wolf Pit Township, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
9 Days22 Days+148.1%

Summary: Homes in Wolf Pit Township had an average of 22 days on market in Apr 2024, up by 148.1% compared to last year.

Breakdown of Home Sale Times

3 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 Wolf Pit Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Wolf Pit 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 9 Days Ago

Newest Listings in Wolf Pit Township, NC

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What housing markets are near Wolf Pit Township, NC?