Is Asheboro Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Asheboro Township has remained a Seller's Market.
Housing Prices in Asheboro Township, NC
How much do homes in Asheboro Township, NC cost?
Median Sold Price
$247,950
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Asheboro Township was $247,950 in April 2024, up 7.8% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $135K | +12.5% |
2 Bedrooms | $152.4K | $178K | +16.8% |
3 Bedrooms | $238.1K | $258K | +8.3% |
4 Bedrooms | $365K | $287K | -21.4% |
5+ Bedrooms | $379K | $400K | +5.5% |
Summary: Asheboro Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
Cedar Grove Township | $265K | $305K | +15.1% |
Asheboro Township | $229.9K | $247.9K | +7.8% |
Asheboro | $234.7K | $248.6K | +5.9% |
Franklinville Township | $229.4K | $240K | +4.6% |
Back Creek Township | $330K | $317K | -3.9% |
Housing Supply in Asheboro Township, NC
How many homes are available in Asheboro Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
139 | 142 | +2.2% |
Summary: The Asheboro Township real estate market had 142 homes for sale in April 2024, a 2.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 35 | 32 | -8.6% |
3 Bedrooms | 80 | 82 | +2.5% |
4 Bedrooms | 19 | 20 | +5.3% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Asheboro 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 decreased by 8.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 42 | +23.5% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Asheboro Township in April 2024, up by 23.5% month-over-month. Of the 42 sold homes, 55% were sold under asking, 19% were sold at asking, and 26% were sold over asking.
Days on Market for Asheboro Township, NC
How long does it take to sell a home in Asheboro Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 42 Days | +51.3% |
Summary: Homes in Asheboro Township had an average of 42 days on market in Apr 2024, up by 51.3% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in Asheboro Township; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.