Is Dry Wells 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, Dry Wells Township has remained a Seller's Market.
Housing Prices in Dry Wells Township, NC
How much do homes in Dry Wells Township, NC cost?
Median Sold Price
$302,500
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dry Wells Township was $302,500 in April 2024, down 2.4% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $180K | $121.2K | -32.6% |
3 Bedrooms | $299.9K | $302.5K | +0.9% |
4 Bedrooms | $362K | $312.4K | -13.7% |
5+ Bedrooms | - | - | N/A |
Summary: Dry Wells 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 decreased by 32.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Bailey Township | $305.9K | $301.2K | -1.5% |
Middlesex | $315K | $310K | -1.6% |
Dry Wells Township | $310K | $302.5K | -2.4% |
O'Neals Township | $355K | $342.4K | -3.5% |
Housing Supply in Dry Wells Township, NC
How many homes are available in Dry Wells Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 23 | -20.7% |
Summary: The Dry Wells Township real estate market had 23 homes for sale in April 2024, a 20.7% decrease 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 | 1 | 0 | -100.0% |
3 Bedrooms | 26 | 21 | -19.2% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Dry Wells 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 100%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Dry Wells Township in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Dry Wells Township, NC
How long does it take to sell a home in Dry Wells Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
107 Days | 58 Days | -45.2% |
Summary: Homes in Dry Wells Township had an average of 58 days on market in Apr 2024, down by 45.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Dry Wells Township; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.