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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckhorn Township is a 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

$414,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$17,850(-4.1%)

Key Takeaway

Homes in Buckhorn Township have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Buckhorn Township was $414,000 in April 2024, down 4.1% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $180K$371.5K
+106.4%
3 $429.3K$325K
-24.3%
4 $509.9K$494.9K
-3.0%
5+ --
N/A

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 106.4%, 3 bedroom homes decreased by 24.3%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Hill
-0.6%
Fuquay Varina
-1.3%
Hectors Creek Township
-2.6%
Buckhorn Township
-4.1%

Housing Supply in Buckhorn Township, NC

How many homes are available in Buckhorn Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1211-8.3%

Summary: The Buckhorn Township real estate market had 11 homes for sale in April 2024, a 8.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 87
-12.5%
4 21
-50.0%
5+ 11
0.0%

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 increased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckhorn Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Buckhorn Township in April 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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 2023Apr 2024CHANGE
148 Days9 Days-93.5%

Summary: Homes in Buckhorn Township had an average of 9 days on market in Apr 2024, down by 93.5% compared to last year.

Breakdown of Home Sale Times

3 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 Buckhorn Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Buckhorn 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 11 Days Ago

Newest Listings in Buckhorn Township, NC

Nearby Markets to Buckhorn Township, NC

What housing markets are near Buckhorn Township, NC?