Is Long Acre 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, Long Acre Township has remained a Seller's Market.
Housing Prices in Long Acre Township, NC
How much do homes in Long Acre Township, NC cost?
Median Sold Price
$252,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Long Acre Township was $252,000 in April 2024, up 2.3% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $119K | N/A |
2 Bedrooms | $178K | $308K | +73.0% |
3 Bedrooms | $242K | $251K | +3.7% |
4 Bedrooms | $419.5K | $287.5K | -31.5% |
5+ Bedrooms | - | - | N/A |
Summary: Long Acre Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 73%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 31.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Washington | $231.3K | $260K | +12.4% |
Bath Township | $354K | $389K | +9.9% |
Long Acre Township | $246.4K | $252K | +2.3% |
Housing Supply in Long Acre Township, NC
How many homes are available in Long Acre Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 28 | +12.0% |
Summary: The Long Acre Township real estate market had 28 homes for sale in April 2024, a 12.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 16 | 16 | 0.0% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Long Acre Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Long Acre Township in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Long Acre Township, NC
How long does it take to sell a home in Long Acre Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 70 Days | +187.4% |
Summary: Homes in Long Acre Township had an average of 70 days on market in Apr 2024, up by 187.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Long Acre Township; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.