Is Center Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Center Township was a Seller's Market.
Key Takeaway
Center Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Center Township, NC
How much do homes in Center Township, NC cost?
Median Sold Price
$496,990
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Center Township have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Center Township was $496,990 in April 2024, up 4.6% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $296.6K | $322.2K | +8.6% |
| 2 Bedrooms | $314K | $316.5K | +0.8% |
| 3 Bedrooms | $425K | $431.8K | +1.6% |
| 4 Bedrooms | $565K | $557.3K | -1.4% |
| 5+ Bedrooms | $669.9K | $708.1K | +5.7% |
Summary: Center Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
| Pittsboro | $614.7K | $649K | +5.6% |
| Center Township | $475K | $496.9K | +4.6% |
| Hickory Mountain Township | $455K | $391.2K | -14.0% |
Housing Supply in Center Township, NC
How many homes are available in Center Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 82 | 80 | -2.4% |
Summary: The Center Township real estate market had 80 homes for sale in April 2024, a 2.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 40 | 42 | +5.0% |
| 4 Bedrooms | 30 | 29 | -3.3% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Center 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 20%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Center Township, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Center Township in April 2024, down by 26.7% month-over-month. Of the 11 sold homes, 18% were sold under asking, 45% were sold at asking, and 36% were sold over asking.
Days on Market for Center Township, NC
How long does it take to sell a home in Center Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 227 Days | 78 Days | -65.5% |
Summary: Homes in Center Township had an average of 78 days on market in Apr 2024, down by 65.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Center Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Center Township; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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