Is Barringer 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, Barringer Township has remained a Seller's Market.
Housing Prices in Barringer Township, NC
How much do homes in Barringer Township, NC cost?
Median Sold Price
$359,325
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Barringer Township was $359,325 in April 2024, up 3.4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $227.5K | N/A |
2 Bedrooms | $120K | $255K | +112.5% |
3 Bedrooms | $306.5K | $357.9K | +16.8% |
4 Bedrooms | $385K | $363.2K | -5.6% |
5+ Bedrooms | $505.2K | $370K | -26.8% |
Summary: Barringer 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 112.5%, 3 bedroom homes increased by 16.8%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 26.8%.
Median Sold Price Compared To Nearby Cities
Mooresville | $426.6K | $488.5K | +14.5% |
Barringer Township | $347.4K | $359.3K | +3.4% |
Troutman | $405.4K | $374.9K | -7.5% |
Housing Supply in Barringer Township, NC
How many homes are available in Barringer Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 53 | +12.8% |
Summary: The Barringer Township real estate market had 53 homes for sale in April 2024, a 12.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 24 | 27 | +12.5% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Barringer 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 increased by 12.5%, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 12 | +140.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Barringer Township in April 2024, up by 140.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Barringer Township, NC
How long does it take to sell a home in Barringer Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
107 Days | 35 Days | -66.5% |
Summary: Homes in Barringer Township had an average of 35 days on market in Apr 2024, down by 66.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Barringer Township; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.