Is Riverbend 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, Riverbend Township has remained a Seller's Market.
Key Takeaway
Riverbend Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverbend Township, NC
How much do homes in Riverbend Township, NC cost?
Median Sold Price
$350,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Riverbend Township have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Riverbend Township was $350,000 in April 2024, up 3.6% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $229.5K | $226.5K | -1.3% |
| 3 Bedrooms | $330K | $340K | +3.0% |
| 4 Bedrooms | $434.7K | $413.6K | -4.8% |
| 5+ Bedrooms | $445K | $594.1K | +33.5% |
Summary: Riverbend 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 decreased by 1.3%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 33.5%.
Median Sold Price Compared To Nearby Cities
| Riverbend Township | $337.7K | $350K | +3.6% |
| Mount Holly | $345K | $346.2K | 0.4% |
| Stanley | $333.9K | $335K | 0.3% |
| Ranlo | $285K | $263.5K | -7.5% |
Housing Supply in Riverbend Township, NC
How many homes are available in Riverbend Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 144 | 159 | +10.4% |
Summary: The Riverbend Township real estate market had 159 homes for sale in April 2024, a 10.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 22 | 27 | +22.7% |
| 3 Bedrooms | 87 | 98 | +12.6% |
| 4 Bedrooms | 24 | 24 | 0.0% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Riverbend Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 12.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 41 | +17.1% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riverbend Township, you may be able to get a good deal. 53.7% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Riverbend Township in April 2024, up by 17.1% month-over-month. Of the 41 sold homes, 54% were sold under asking, 27% were sold at asking, and 20% were sold over asking.
Days on Market for Riverbend Township, NC
How long does it take to sell a home in Riverbend Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 27 Days | -2.8% |
Summary: Homes in Riverbend Township had an average of 27 days on market in Apr 2024, down by 2.8% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Riverbend Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 41 homes were sold in Riverbend Township; 76% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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. 
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.
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.