Is Shady Grove Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Shady Grove Township was a Seller's Market.
Housing Prices in Shady Grove Township, NC
How much do homes in Shady Grove Township, NC cost?
Median Sold Price
$418,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Shady Grove Township was $418,000 in April 2024, up 4.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $2.0M | $980K | -51.0% |
2 Bedrooms | $184K | $197.5K | +7.3% |
3 Bedrooms | $361.3K | $399.9K | +10.7% |
4 Bedrooms | $449K | $575K | +28.1% |
5+ Bedrooms | $875K | $841.8K | -3.8% |
Summary: Shady Grove Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
Farmington Township | $335.5K | $368.2K | +9.8% |
Hampton Township | $412.2K | $435K | +5.5% |
Shady Grove Township | $400K | $418K | +4.5% |
Advance | $370K | $385.7K | +4.3% |
Housing Supply in Shady Grove Township, NC
How many homes are available in Shady Grove Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Summary: The Shady Grove Township real estate market had 15 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 | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shady Grove Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Shady Grove Township in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Shady Grove Township, NC
How long does it take to sell a home in Shady Grove Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 39 Days | -36.2% |
Summary: Homes in Shady Grove Township had an average of 39 days on market in Apr 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Shady Grove Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.