Is Burnsville 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, Burnsville Township has remained a Neutral Market.
Housing Prices in Burnsville Township, NC
How much do homes in Burnsville Township, NC cost?
Median Sold Price
$362,500
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Burnsville Township was $362,500 in April 2024, up 7.4% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $130K | 0.0% |
2 Bedrooms | $192.5K | $318.2K | +65.3% |
3 Bedrooms | $379.5K | $375K | -1.2% |
4 Bedrooms | $422.5K | $650K | +53.8% |
5+ Bedrooms | $1.3M | $535K | -61.4% |
Summary: Burnsville 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 65.3%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes decreased by 61.4%.
Median Sold Price Compared To Nearby Cities
Burnsville | $324K | $362.5K | +11.9% |
Burnsville Township | $337.5K | $362.5K | +7.4% |
Housing Supply in Burnsville Township, NC
How many homes are available in Burnsville Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 | 94 | +23.7% |
Summary: The Burnsville Township real estate market had 94 homes for sale in April 2024, a 23.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 21 | 31 | +47.6% |
3 Bedrooms | 43 | 46 | +7.0% |
4 Bedrooms | 9 | 13 | +44.4% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Burnsville Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 47.6%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Burnsville Township in April 2024, the same as the previous month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.
Days on Market for Burnsville Township, NC
How long does it take to sell a home in Burnsville Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
118 Days | 93 Days | -21.5% |
Summary: Homes in Burnsville Township had an average of 93 days on market in Apr 2024, down by 21.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Burnsville Township; 40% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.