Is Eldorado 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, Eldorado Township was a Neutral Market.
Housing Prices in Eldorado Township, NC
How much do homes in Eldorado Township, NC cost?
Median Sold Price
$299,998
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Eldorado Township was $299,998 in April 2024, up 0.3% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $98.5K | -1.5% |
2 Bedrooms | $143K | $171.5K | +19.9% |
3 Bedrooms | $399K | $555K | +39.1% |
4 Bedrooms | $675K | $715K | +5.9% |
5+ Bedrooms | $1.4M | $978.7K | -33.6% |
Summary: Eldorado Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 19.9%, 3 bedroom homes increased by 39.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 33.6%.
Median Sold Price Compared To Nearby Cities
Uwharrie Township | $315K | $330.9K | +5.0% |
Eldorado Township | $299K | $299.9K | 0.3% |
Housing Supply in Eldorado Township, NC
How many homes are available in Eldorado Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
80 | 86 | +7.5% |
Summary: The Eldorado Township real estate market had 86 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 19 | 20 | +5.3% |
2 Bedrooms | 25 | 28 | +12.0% |
3 Bedrooms | 24 | 25 | +4.2% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Eldorado Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Eldorado Township in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Eldorado Township, NC
How long does it take to sell a home in Eldorado Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 75 Days | +60.1% |
Summary: Homes in Eldorado Township had an average of 75 days on market in Apr 2024, up by 60.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Eldorado Township; 44% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.