Is Matthews 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, Matthews Township has remained a Seller's Market.
Housing Prices in Matthews Township, NC
How much do homes in Matthews Township, NC cost?
Median Sold Price
$517,946
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Matthews Township was $517,946 in April 2024, up 15.1% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $50K | $1.2M | +2493.5% |
2 Bedrooms | $246K | $338.6K | +37.6% |
3 Bedrooms | $362K | $388.7K | +7.4% |
4 Bedrooms | $545K | $614.7K | +12.8% |
5+ Bedrooms | $705K | $800K | +13.5% |
Summary: Matthews Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2493.5%, 2 bedroom homes increased by 37.6%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Cities
Matthews Township | $450K | $517.9K | +15.1% |
Siler City | $266.7K | $287.2K | +7.7% |
Columbia Township | $226K | $201.5K | -10.8% |
Housing Supply in Matthews Township, NC
How many homes are available in Matthews Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
248 | 280 | +12.9% |
Summary: The Matthews Township real estate market had 280 homes for sale in April 2024, a 12.9% increase 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 | 15 | 17 | +13.3% |
3 Bedrooms | 92 | 103 | +12.0% |
4 Bedrooms | 94 | 101 | +7.4% |
5+ Bedrooms | 47 | 59 | +25.5% |
Summary: The Matthews 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 increased by 13.3%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 25.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 75 | +7.1% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 75 homes were sold or pending in Matthews Township in April 2024, up by 7.1% month-over-month. Of the 75 sold homes, 40% were sold under asking, 25% were sold at asking, and 35% were sold over asking.
Days on Market for Matthews Township, NC
How long does it take to sell a home in Matthews Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 21 Days | -18.5% |
Summary: Homes in Matthews Township had an average of 21 days on market in Apr 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 75 homes were sold in Matthews Township; 79% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.