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 Seller's Market.
Housing Prices in Burnsville Township, NC
How much do homes in Burnsville Township, NC cost?
Median Sold Price
$353,750
$233/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 $353,750 in April 2024, up 10.9% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $130K | 0.0% |
2 Bedrooms | $203.7K | $319.2K | +56.7% |
3 Bedrooms | $354.5K | $374.3K | +5.6% |
4 Bedrooms | $420K | $650K | +54.8% |
5+ Bedrooms | $2.4M | $535K | -77.7% |
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 56.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 54.8%, and 5+ bedroom homes decreased by 77.7%.
Median Sold Price Compared To Nearby Cities
New Salem Township | $399.4K | $499.9K | +25.2% |
Burnsville Township | $319K | $353.7K | +10.9% |
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 |
---|---|---|
83 | 99 | +19.3% |
Summary: The Burnsville Township real estate market had 99 homes for sale in April 2024, a 19.3% 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 | 23 | 33 | +43.5% |
3 Bedrooms | 47 | 48 | +2.1% |
4 Bedrooms | 10 | 14 | +40.0% |
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 43.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 17 | -5.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Burnsville Township in April 2024, down by 5.6% month-over-month. Of the 17 sold homes, 47% were sold under asking, 29% were sold at asking, and 24% 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 |
---|---|---|
98 Days | 83 Days | -15.7% |
Summary: Homes in Burnsville Township had an average of 83 days on market in Apr 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
8 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, 17 homes were sold in Burnsville Township; 47% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.