Is Saint 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, Saint Matthews Township has remained a Seller's Market.
Key Takeaway
Saint Matthews Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Matthews Township, NC
How much do homes in Saint Matthews Township, NC cost?
Median Sold Price
$368,930
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Saint Matthews Township have sold for 1% more than they did a year ago.
Summary: The median home sold price in Saint Matthews Township was $368,930 in April 2024, up 1% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $122K | -6.2% |
| 2 Bedrooms | $263K | $259.4K | -1.3% |
| 3 Bedrooms | $339.8K | $345K | +1.5% |
| 4 Bedrooms | $420K | $429.2K | +2.2% |
| 5+ Bedrooms | $509K | $532.5K | +4.6% |
Summary: Saint Matthews Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 4.6%.
Median Sold Price Compared To Nearby Cities
| Raleigh | $414.8K | $430.1K | +3.7% |
| Saint Matthews Township | $365.4K | $368.9K | +1.0% |
| Neuse Township | $389.9K | $390.4K | 0.1% |
| Knightdale | $380K | $379.9K | 0% |
| Marks Creek Township | $402.6K | $399.9K | -0.7% |
Housing Supply in Saint Matthews Township, NC
How many homes are available in Saint Matthews Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 300 | 290 | -3.3% |
Summary: The Saint Matthews Township real estate market had 290 homes for sale in April 2024, a 3.3% decrease 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 | 28 | 24 | -14.3% |
| 3 Bedrooms | 168 | 161 | -4.2% |
| 4 Bedrooms | 76 | 77 | +1.3% |
| 5+ Bedrooms | 28 | 27 | -3.6% |
Summary: The Saint Matthews 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 decreased by 14.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 3.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 90 | 85 | -5.6% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Matthews Township, you may be able to get a good deal. 48.2% of homes here sold below asking price last month.
Summary: A total of 85 homes were sold or pending in Saint Matthews Township in April 2024, down by 5.6% month-over-month. Of the 85 sold homes, 48% were sold under asking, 27% were sold at asking, and 25% were sold over asking.
Days on Market for Saint Matthews Township, NC
How long does it take to sell a home in Saint Matthews Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 87 Days | 26 Days | -69.4% |
Summary: Homes in Saint Matthews Township had an average of 26 days on market in Apr 2024, down by 69.4% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Matthews Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 85 homes were sold in Saint Matthews Township; 74% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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