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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boomer Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Boomer Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Boomer Township, NC

How much do homes in Boomer Township, NC cost?

Median Sold Price

$354,000

$166/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$771,000(-68.5%)

Key Takeaway

Homes in Boomer Township have sold for 68.5% less than they did a month ago.

Summary: The median home sold price in Boomer Township was $354,000 in April 2024, down 68.5% from last month, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.1M$354K
-69.2%
4 --
N/A
5+ $1.1M-
N/A

Summary: Boomer Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 69.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Boomer Township
-68.5%
Boomer
-69.2%

Housing Supply in Boomer Township, NC

How many homes are available in Boomer Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
810+25.0%

Summary: The Boomer Township real estate market had 10 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 46
+50.0%
4 22
0.0%
5+ 10
-100.0%

Summary: The Boomer 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 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 Boomer Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Boomer Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Boomer Township, NC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
113 Days138 Days+22.1%

Summary: Homes in Boomer Township had an average of 138 days on market in Apr 2024, up by 22.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Boomer Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Boomer Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 19 Days Ago

Newest Listings in Boomer Township, NC

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