Is Wittenburg Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wittenburg Township has remained a Seller's Market.
Key Takeaway
Wittenburg Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wittenburg Township, NC
How much do homes in Wittenburg Township, NC cost?
Median Sold Price
$416,890
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wittenburg Township have sold for 19.6% more than they did a year ago.
Summary: The median home sold price in Wittenburg Township was $416,890 in April 2024, up 19.6% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $450K | +28.6% |
| 2 Bedrooms | $265K | $279K | +5.3% |
| 3 Bedrooms | $330K | $426K | +29.1% |
| 4 Bedrooms | $510K | $445.5K | -12.6% |
| 5+ Bedrooms | $220K | $1.8M | +752.3% |
Summary: Wittenburg Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 29.1%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes increased by 752.3%.
Median Sold Price Compared To Nearby Cities
| Wittenburg Township | $348.7K | $416.8K | +19.6% |
| Taylorsville Township | $255K | $280K | +9.8% |
| Clines Township | $274.3K | $300K | +9.4% |
| Little River Township | $284.9K | $230K | -19.3% |
Housing Supply in Wittenburg Township, NC
How many homes are available in Wittenburg Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 50 | +22.0% |
Summary: The Wittenburg Township real estate market had 50 homes for sale in April 2024, a 22.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 23 | 29 | +26.1% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Wittenburg Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wittenburg Township, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Wittenburg Township in April 2024, up by 62.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Wittenburg Township, NC
How long does it take to sell a home in Wittenburg Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 36 Days | 41 Days | +14.2% |
Summary: Homes in Wittenburg Township had an average of 41 days on market in Apr 2024, up by 14.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wittenburg Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Wittenburg Township; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.