Is Black River Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Black River Township has remained a Seller's Market.
Housing Prices in Black River Township, NC
How much do homes in Black River Township, NC cost?
Median Sold Price
$349,176
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Black River Township was $349,176 in May 2024, down 0.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $199.9K | $205.3K | +2.7% |
3 Bedrooms | $332K | $345K | +3.9% |
4 Bedrooms | $383.7K | $357.9K | -6.7% |
5+ Bedrooms | $450K | $391.2K | -13.1% |
Summary: Black River Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 13.1%.
Median Sold Price Compared To Nearby Cities
Neills Creek Township | $359.9K | $380K | +5.6% |
Black River Township | $350K | $349.1K | -0.3% |
Fuquay Varina | $454.9K | $451K | -0.9% |
Angier | $360.2K | $354.4K | -1.6% |
Hectors Creek Township | $419.4K | $400K | -4.6% |
Housing Supply in Black River Township, NC
How many homes are available in Black River Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
161 | 161 | 0.0% |
Summary: The Black River Township real estate market had 161 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 19 | +35.7% |
3 Bedrooms | 93 | 90 | -3.2% |
4 Bedrooms | 47 | 41 | -12.8% |
5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The Black River Township 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 increased by 35.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 34 | +61.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Black River Township in May 2024, up by 61.9% month-over-month. Of the 34 sold homes, 29% were sold under asking, 59% were sold at asking, and 12% were sold over asking.
Days on Market for Black River Township, NC
How long does it take to sell a home in Black River Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
115 Days | 28 Days | -75.7% |
Summary: Homes in Black River Township had an average of 28 days on market in May 2024, down by 75.7% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 34 homes were sold in Black River Township; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.