Is Salisbury Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Salisbury Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Salisbury Township has remained a Seller's Market.

Key Takeaway

Salisbury Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Salisbury Township, NC

How much do homes in Salisbury Township, NC cost?

Median Sold Price

$270,121

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$26,841(+11.0%)

Key Takeaway

Homes in Salisbury Township have sold for 11% more than they did a year ago.

Summary: The median home sold price in Salisbury Township was $270,121 in April 2024, up 11% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $195K$200K
+2.6%
2 $166.9K$186.4K
+11.7%
3 $242.3K$263.8K
+8.9%
4 $315K$330K
+4.8%
5+ $410K$450K
+9.8%

Summary: Salisbury Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Cities

Franklin Township
+15.1%
Spencer
+13.2%
Salisbury Township
+11.0%
Salisbury
+10.0%
East Spencer
+5.2%

Housing Supply in Salisbury Township, NC

How many homes are available in Salisbury Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
454497+9.5%

Summary: The Salisbury Township real estate market had 497 homes for sale in April 2024, a 9.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 24
+100.0%
2 5961
+3.4%
3 277287
+3.6%
4 91115
+26.4%
5+ 2530
+20.0%

Summary: The Salisbury 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 3.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
71103+45.1%

Asking Price vs. Sold Price

52 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Salisbury Township, you may be able to get a good deal. 50.5% of homes here sold below asking price last month.

Summary: A total of 103 homes were sold or pending in Salisbury Township in April 2024, up by 45.1% month-over-month. Of the 103 sold homes, 50% were sold under asking, 28% were sold at asking, and 21% were sold over asking.

Days on Market for Salisbury Township, NC

How long does it take to sell a home in Salisbury Township, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days51 Days+42.0%

Summary: Homes in Salisbury Township had an average of 51 days on market in Apr 2024, up by 42% compared to last year.

Breakdown of Home Sale Times

54 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Salisbury Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 103 homes were sold in Salisbury Township; 52% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Salisbury Township, NC

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What housing markets are near Salisbury Township, NC?