Is Silver Hill 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, Silver Hill Township was a Seller's Market.
Housing Prices in Silver Hill Township, NC
How much do homes in Silver Hill Township, NC cost?
Median Sold Price
$320,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Silver Hill Township was $320,000 in April 2024, up 5.1% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | - | N/A |
2 Bedrooms | $183.8K | $310K | +68.6% |
3 Bedrooms | $298.8K | $332.4K | +11.2% |
4 Bedrooms | $320K | $309.9K | -3.1% |
5+ Bedrooms | $900K | - | N/A |
Summary: Silver Hill 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 increased by 68.6%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Emmons Township | $200K | $219.4K | +9.7% |
Silver Hill Township | $304.3K | $320K | +5.1% |
Conrad Hill Township | $248.4K | $260K | +4.6% |
Lexington | $280.2K | $282.1K | +0.7% |
Cotton Grove Township | $315K | $312.5K | -0.8% |
Housing Supply in Silver Hill Township, NC
How many homes are available in Silver Hill Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Summary: The Silver Hill Township real estate market had 22 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Silver Hill 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 22.2%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Silver Hill Township in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Silver Hill Township, NC
How long does it take to sell a home in Silver Hill Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 9 Days | -30.9% |
Summary: Homes in Silver Hill Township had an average of 9 days on market in Apr 2024, down by 30.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Silver Hill Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.