Is Edwards Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Edwards Township was a Seller's Market.
Key Takeaway
Edwards Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Edwards Township, NC
How much do homes in Edwards Township, NC cost?
Median Sold Price
$185,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Edwards Township have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Edwards Township was $185,000 in May 2024, up 8.8% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $400K | N/A |
| 2 Bedrooms | $159.5K | $165K | +3.4% |
| 3 Bedrooms | $195K | $260K | +33.3% |
| 4 Bedrooms | $182K | $230K | +26.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Edwards 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 3.4%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ronda | $165K | $225K | +36.4% |
| Rock Creek Township | $205.9K | $228K | +10.7% |
| Edwards Township | $170K | $185K | +8.8% |
| Traphill Township | $360K | $245K | -31.9% |
Housing Supply in Edwards Township, NC
How many homes are available in Edwards Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Summary: The Edwards Township real estate market had 17 homes for sale in May 2024, a 30.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Edwards 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edwards Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Edwards Township in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Edwards Township, NC
How long does it take to sell a home in Edwards Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 48 Days | 22 Days | -54.4% |
Summary: Homes in Edwards Township had an average of 22 days on market in May 2024, down by 54.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Edwards Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Edwards Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.