Is Davidson 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, Davidson Township has remained a Seller's Market.
Housing Prices in Davidson Township, NC
How much do homes in Davidson Township, NC cost?
Median Sold Price
$631,416
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Davidson Township was $631,416 in April 2024, up 0.9% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $238.1K | -8.4% |
2 Bedrooms | $307K | $344.4K | +12.2% |
3 Bedrooms | $485.5K | $525K | +8.1% |
4 Bedrooms | $760K | $875K | +15.1% |
5+ Bedrooms | $702.5K | $760K | +8.2% |
Summary: Davidson Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Cities
Mooresville | $426.6K | $488.5K | +14.5% |
Coddle Creek Township | $414.7K | $430.9K | +3.9% |
Davidson Township | $625.9K | $631.4K | +0.9% |
Sherrills Ford | $425K | $429K | +0.9% |
Housing Supply in Davidson Township, NC
How many homes are available in Davidson Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
391 | 434 | +11.0% |
Summary: The Davidson Township real estate market had 434 homes for sale in April 2024, a 11.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 37 | 39 | +5.4% |
3 Bedrooms | 126 | 144 | +14.3% |
4 Bedrooms | 172 | 189 | +9.9% |
5+ Bedrooms | 56 | 62 | +10.7% |
Summary: The Davidson 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 5.4%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 10.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
104 | 76 | -26.9% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 76 homes were sold or pending in Davidson Township in April 2024, down by 26.9% month-over-month. Of the 76 sold homes, 59% were sold under asking, 21% were sold at asking, and 20% were sold over asking.
Days on Market for Davidson Township, NC
How long does it take to sell a home in Davidson Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 42 Days | +46.6% |
Summary: Homes in Davidson Township had an average of 42 days on market in Apr 2024, up by 46.6% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 76 homes were sold in Davidson Township; 68% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.