Is Raeford 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, Raeford Township has remained a Seller's Market.
Key Takeaway
Raeford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Raeford Township, NC
How much do homes in Raeford Township, NC cost?
Median Sold Price
$282,360
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Raeford Township have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Raeford Township was $282,360 in April 2024, up 6.5% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $22K | -75.6% |
| 2 Bedrooms | $124.5K | $142.2K | +14.2% |
| 3 Bedrooms | $242.4K | $256.5K | +5.8% |
| 4 Bedrooms | $310K | $334K | +7.7% |
| 5+ Bedrooms | $370K | $395K | +6.8% |
Summary: Raeford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.6%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Cities
| Raeford Township | $265K | $282.3K | +6.5% |
| Raeford | $265K | $281.9K | +6.4% |
| Quewhiffle Township | $323.9K | $336.1K | +3.8% |
Housing Supply in Raeford Township, NC
How many homes are available in Raeford Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 211 | 211 | 0.0% |
Summary: The Raeford Township real estate market had 211 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 129 | 116 | -10.1% |
| 4 Bedrooms | 65 | 73 | +12.3% |
| 5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The Raeford 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 100%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 58 | +26.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Raeford Township, expect to pay close to the asking price. 48.3% of homes here sold near the asking price last month.
Summary: A total of 58 homes were sold or pending in Raeford Township in April 2024, up by 26.1% month-over-month. Of the 58 sold homes, 26% were sold under asking, 48% were sold at asking, and 26% were sold over asking.
Days on Market for Raeford Township, NC
How long does it take to sell a home in Raeford Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 58 Days | 43 Days | -25.2% |
Summary: Homes in Raeford Township had an average of 43 days on market in Apr 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Raeford Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 58 homes were sold in Raeford Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved. 
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.