Is Todd, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Todd is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Todd was a Seller's Market.

Key Takeaway

Todd is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Todd, NC

How much do homes in Todd, NC cost?

Median Sold Price

$799,900

$323/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$332,400(+71.1%)

Key Takeaway

Homes in Todd have sold for 71.1% more than they did a month ago.

Summary: The median home sold price in Todd was $799,900 in May 2024, up 71.1% from last month, and the median price per square foot was $323.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $180K-
N/A
3 $755K$799.9K
+5.9%
4 --
N/A
5+ --
N/A

Summary: Todd housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Elk Township
+185.7%
Todd
+71.1%
Old Fields Township
+38.5%

Housing Supply in Todd, NC

How many homes are available in Todd, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
10100.0%

Summary: The Todd real estate market had 10 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 67
+16.7%
4 22
0.0%
5+ 00
0.0%

Summary: The Todd housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Todd, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Todd in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Todd, NC

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

Average Sale Time

Apr 2024May 2024CHANGE
21 Days35 Days+66.7%

Summary: Homes in Todd had an average of 35 days on market in May 2024, up by 66.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Todd has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Todd; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 3 Days Ago

Newest Listings in Todd, NC

Nearby Markets to Todd, NC