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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bakersville Township is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Bakersville Township was a Seller's Market.

Key Takeaway

Bakersville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bakersville Township, NC

How much do homes in Bakersville Township, NC cost?

Median Sold Price

$285,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$86,509(+43.6%)

Key Takeaway

Homes in Bakersville Township have sold for 43.6% more than they did a year ago.

Summary: The median home sold price in Bakersville Township was $285,000 in April 2024, up 43.6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $193.4K$266.2K
+37.6%
2 $154.2K$195K
+26.4%
3 $272K$280K
+2.9%
4 $533K$409K
-23.3%
5+ -$369.2K
N/A

Summary: Bakersville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.6%, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bakersville
+50.0%
Bakersville Township
+43.6%

Housing Supply in Bakersville Township, NC

How many homes are available in Bakersville Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2736+33.3%

Summary: The Bakersville Township real estate market had 36 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1013
+30.0%
3 1015
+50.0%
4 56
+20.0%
5+ 11
0.0%

Summary: The Bakersville 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 increased by 30%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bakersville Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Bakersville Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Bakersville Township, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
42 Days4 Days-90.6%

Summary: Homes in Bakersville Township had an average of 4 days on market in Apr 2024, down by 90.6% compared to last year.

Breakdown of Home Sale Times

2 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 Bakersville Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Bakersville 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 Bakersville Township, NC

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What housing markets are near Bakersville Township, NC?