Is Litaker 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, Litaker Township was a Seller's Market.
Housing Prices in Litaker Township, NC
How much do homes in Litaker Township, NC cost?
Median Sold Price
$300,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Litaker Township was $300,000 in April 2024, down 6.8% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $696K | - | N/A |
2 Bedrooms | $300.4K | $340K | +13.2% |
3 Bedrooms | $310K | $296K | -4.5% |
4 Bedrooms | $362.5K | $299.4K | -17.4% |
5+ Bedrooms | $463K | $782.6K | +69.0% |
Summary: Litaker 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 13.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes increased by 69%.
Median Sold Price Compared To Nearby Cities
China Grove Township | $277K | $280K | +1.1% |
Litaker Township | $321.7K | $300K | -6.8% |
Gold Hill Township | $299.9K | $270K | -10.0% |
Granite Quarry | $346.7K | $296K | -14.6% |
Housing Supply in Litaker Township, NC
How many homes are available in Litaker Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 35 | -10.3% |
Summary: The Litaker Township real estate market had 35 homes for sale in April 2024, a 10.3% 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 | 5 | 2 | -60.0% |
3 Bedrooms | 26 | 24 | -7.7% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Litaker 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 60%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Litaker Township in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Litaker Township, NC
How long does it take to sell a home in Litaker Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 61 Days | +452.8% |
Summary: Homes in Litaker Township had an average of 61 days on market in Apr 2024, up by 452.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Litaker Township; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.