Is Dunn 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, Dunn Township has remained a Neutral Market.
Key Takeaway
Dunn Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Dunn Township, NC
How much do homes in Dunn Township, NC cost?
Median Sold Price
$286,866
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dunn Township have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Dunn Township was $286,866 in April 2024, up 10.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $140K | -9.7% |
| 2 Bedrooms | $159.9K | $160K | 0.1% |
| 3 Bedrooms | $262.5K | $279K | +6.3% |
| 4 Bedrooms | $392K | $412K | +5.1% |
| 5+ Bedrooms | $550K | $495K | -10.0% |
Summary: Dunn 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 0.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Cities
| Dunn Township | $259.7K | $286.8K | +10.5% |
| Little River Township | $350.5K | $352.9K | +0.7% |
| Harris Township | $366.4K | $362K | -1.2% |
Housing Supply in Dunn Township, NC
How many homes are available in Dunn Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 156 | 145 | -7.1% |
Summary: The Dunn Township real estate market had 145 homes for sale in April 2024, a 7.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 21 | 20 | -4.8% |
| 3 Bedrooms | 102 | 96 | -5.9% |
| 4 Bedrooms | 26 | 21 | -19.2% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Dunn 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 4.8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 24 | -45.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dunn Township, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Dunn Township in April 2024, down by 45.5% month-over-month. Of the 24 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.
Days on Market for Dunn Township, NC
How long does it take to sell a home in Dunn Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 98 Days | 38 Days | -60.9% |
Summary: Homes in Dunn Township had an average of 38 days on market in Apr 2024, down by 60.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dunn Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 24 homes were sold in Dunn Township; 54% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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