Is Simpsonville 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, Simpsonville Township was a Buyer's Market.
Key Takeaway
Simpsonville Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Simpsonville Township, NC
How much do homes in Simpsonville Township, NC cost?
Median Sold Price
$395,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Simpsonville Township have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Simpsonville Township was $395,000 in April 2024, up 2.6% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $512.5K | $139K | -72.9% |
| 3 Bedrooms | $350K | $373K | +6.6% |
| 4 Bedrooms | $406.2K | $406K | -0.1% |
| 5+ Bedrooms | - | $395.1K | N/A |
Summary: Simpsonville 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 72.9%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wentworth Township | $229.5K | $275K | +19.8% |
| New Bethel Township | $386.2K | $435K | +12.6% |
| Reidsville | $200.6K | $219.6K | +9.5% |
| Reidsville Township | $200.9K | $219.6K | +9.3% |
| Simpsonville Township | $385.1K | $395K | +2.6% |
Housing Supply in Simpsonville Township, NC
How many homes are available in Simpsonville Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The Simpsonville Township real estate market had 19 homes for sale in April 2024, a 5.6% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Simpsonville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Simpsonville Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Simpsonville Township in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Simpsonville Township, NC
How long does it take to sell a home in Simpsonville Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 51 Days | +1611.1% |
Summary: Homes in Simpsonville Township had an average of 51 days on market in Apr 2024, up by 1611.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Simpsonville Township has remained consistent over time.
Summary: During April 2024, 3 homes were sold in Simpsonville Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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