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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westfield Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Westfield Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Westfield Township, NC

How much do homes in Westfield Township, NC cost?

Median Sold Price

$350,000

$175/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$67,550(+23.9%)

Key Takeaway

Homes in Westfield Township have sold for 23.9% more than they did a month ago.

Summary: The median home sold price in Westfield Township was $350,000 in April 2024, up 23.9% from last month, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $165K-
N/A
2 $399.9K-
N/A
3 -$350K
N/A
4 --
N/A
5+ --
N/A

Summary: Westfield Township housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Westfield Township, NC

How many homes are available in Westfield Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
880.0%

Summary: The Westfield Township real estate market had 8 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 10
-100.0%
3 67
+16.7%
4 01
+100.0%
5+ 00
0.0%

Summary: The Westfield 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 decreased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westfield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Days on Market for Westfield Township, NC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
12 Days26 Days+116.7%

Summary: Homes in Westfield Township had an average of 26 days on market in Apr 2024, up by 116.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Westfield 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.

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

Report Updated 10 Days Ago

Newest Listings in Westfield Township, NC

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