Is Elizabethtown 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, Elizabethtown Township was a Seller's Market.
Key Takeaway
Elizabethtown Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Elizabethtown Township, NC
How much do homes in Elizabethtown Township, NC cost?
Median Sold Price
$205,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Elizabethtown Township have sold for 11.8% less than they did a year ago.
Summary: The median home sold price in Elizabethtown Township was $205,000 in April 2024, down 11.8% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $55K | N/A |
| 2 Bedrooms | $137.4K | $149.5K | +8.8% |
| 3 Bedrooms | $241K | $211K | -12.4% |
| 4 Bedrooms | $285K | $297K | +4.2% |
| 5+ Bedrooms | $360K | $366K | +1.7% |
Summary: Elizabethtown 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 increased by 8.8%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Elizabethtown Township | $232.4K | $205K | -11.8% |
| Elizabethtown | $242K | $205K | -15.3% |
Housing Supply in Elizabethtown Township, NC
How many homes are available in Elizabethtown Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 46 | -2.1% |
Summary: The Elizabethtown Township real estate market had 46 homes for sale in April 2024, a 2.1% 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 | 5 | 4 | -20.0% |
| 3 Bedrooms | 30 | 28 | -6.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Elizabethtown 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 20%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elizabethtown Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Elizabethtown Township in April 2024, down by 45.5% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Elizabethtown Township, NC
How long does it take to sell a home in Elizabethtown Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 74 Days | 81 Days | +9.4% |
Summary: Homes in Elizabethtown Township had an average of 81 days on market in Apr 2024, up by 9.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Elizabethtown Township has remained consistent over time.
Summary: During April 2024, 6 homes were sold in Elizabethtown Township; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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