Is Yadkin 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, Yadkin Township has remained a Seller's Market.
Key Takeaway
Yadkin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Yadkin Township, NC
How much do homes in Yadkin Township, NC cost?
Median Sold Price
$261,500
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Yadkin Township have sold for 8.2% less than they did a year ago.
Summary: The median home sold price in Yadkin Township was $261,500 in March 2024, down 8.2% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.5K | $116K | -9.0% |
| 2 Bedrooms | $165.4K | $200K | +20.9% |
| 3 Bedrooms | $276K | $248.5K | -10.0% |
| 4 Bedrooms | $375K | $379K | +1.1% |
| 5+ Bedrooms | $434.9K | $419.9K | -3.4% |
Summary: Yadkin Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9%, 2 bedroom homes increased by 20.9%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 3.4%.
Housing Supply in Yadkin Township, NC
How many homes are available in Yadkin Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 66 | 61 | -7.6% |
Summary: The Yadkin Township real estate market had 61 homes for sale in March 2024, a 7.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 35 | 33 | -5.7% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Yadkin 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 30%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yadkin Township, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Yadkin Township in March 2024, down by 5.0% month-over-month. Of the 19 sold homes, 37% were sold under asking, 16% were sold at asking, and 47% were sold over asking.
Days on Market for Yadkin Township, NC
How long does it take to sell a home in Yadkin Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 43 Days | -1.7% |
Summary: Homes in Yadkin Township had an average of 43 days on market in Mar 2024, down by 1.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Yadkin Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 19 homes were sold in Yadkin Township; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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