Is Buckhorn 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, Buckhorn Township has remained a Seller's Market.
Key Takeaway
Buckhorn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Buckhorn Township, NC
How much do homes in Buckhorn Township, NC cost?
Median Sold Price
$642,041
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Buckhorn Township have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Buckhorn Township was $642,041 in April 2024, up 2.7% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $495K | $535K | +8.1% |
| 3 Bedrooms | $522.5K | $527K | +0.9% |
| 4 Bedrooms | $601.5K | $607K | +0.9% |
| 5+ Bedrooms | $785.2K | $776.5K | -1.1% |
Summary: Buckhorn 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 8.1%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 1.1%.
Median Sold Price Compared To Nearby Cities
| Buckhorn Township | $625.3K | $642K | +2.7% |
| Apex | $575.1K | $584.3K | +1.6% |
| New Hill | $660K | $655.7K | -0.6% |
| Holly Springs | $585.2K | $569.3K | -2.7% |
| Holly Springs Township | $579.5K | $561.3K | -3.1% |
Housing Supply in Buckhorn Township, NC
How many homes are available in Buckhorn Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 75 | 63 | -16.0% |
Summary: The Buckhorn Township real estate market had 63 homes for sale in April 2024, a 16.0% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 20 | 17 | -15.0% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 32 | 25 | -21.9% |
Summary: The Buckhorn 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 66.7%, 3 bedroom homes decreased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 21.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buckhorn Township, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Buckhorn Township in April 2024, up by 12.0% month-over-month. Of the 28 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.
Days on Market for Buckhorn Township, NC
How long does it take to sell a home in Buckhorn Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 141 Days | 18 Days | -86.8% |
Summary: Homes in Buckhorn Township had an average of 18 days on market in Apr 2024, down by 86.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Buckhorn Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 28 homes were sold in Buckhorn Township; 79% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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