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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clemmonsville Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Clemmonsville Township has remained a Seller's Market.

Key Takeaway

Clemmonsville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clemmonsville Township, NC

How much do homes in Clemmonsville Township, NC cost?

Median Sold Price

$405,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,000(+6.6%)

Key Takeaway

Homes in Clemmonsville Township have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Clemmonsville Township was $405,000 in April 2024, up 6.6% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $77.5K$70K
-9.7%
2 $203K$219.2K
+8.0%
3 $355.3K$349.9K
-1.5%
4 $435K$455K
+4.6%
5+ $520K$572K
+10.0%

Summary: Clemmonsville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Cities

Clemmonsville Township
+6.6%
Hampton Township
+5.5%
Clemmons
+2.7%
Lewisville Township
-1.3%
South Fork Township
-3.0%

Housing Supply in Clemmonsville Township, NC

How many homes are available in Clemmonsville Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8983-6.7%

Summary: The Clemmonsville Township real estate market had 83 homes for sale in April 2024, a 6.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 711
+57.1%
3 3328
-15.2%
4 4138
-7.3%
5+ 85
-37.5%

Summary: The Clemmonsville 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 57.1%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2325+8.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clemmonsville Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Clemmonsville Township in April 2024, up by 8.7% month-over-month. Of the 25 sold homes, 40% were sold under asking, 24% were sold at asking, and 36% were sold over asking.

Days on Market for Clemmonsville Township, NC

How long does it take to sell a home in Clemmonsville Township, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days22 Days0.3%

Summary: Homes in Clemmonsville Township had an average of 22 days on market in Apr 2024, up by 0.3% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clemmonsville Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 25 homes were sold in Clemmonsville Township; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% 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 10 Days Ago

Newest Listings in Clemmonsville Township, NC

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