Is North Knobs 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, North Knobs Township was a Neutral Market.
Housing Prices in North Knobs Township, NC
How much do homes in North Knobs Township, NC cost?
Median Sold Price
$173,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Knobs Township was $173,000 in May 2024, down 19.5% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $151K | $159.5K | +5.6% |
3 Bedrooms | $220K | $192.5K | -12.5% |
4 Bedrooms | $218.7K | $270K | +23.4% |
5+ Bedrooms | - | - | N/A |
Summary: North Knobs 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 5.6%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
South Knobs Township | $170K | $375K | +120.6% |
Boonville Township | $240K | $240K | 0.0% |
Elkin | $227.2K | $219.4K | -3.4% |
Jonesville | $209K | $185K | -11.5% |
North Knobs Township | $214.9K | $173K | -19.5% |
Housing Supply in North Knobs Township, NC
How many homes are available in North Knobs Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 17 | +21.4% |
Summary: The North Knobs Township real estate market had 17 homes for sale in May 2024, a 21.4% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 9 | 12 | +33.3% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Knobs 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, 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
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in North Knobs Township in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for North Knobs Township, NC
How long does it take to sell a home in North Knobs Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
6 Days | 19 Days | +216.7% |
Summary: Homes in North Knobs Township had an average of 19 days on market in May 2024, up by 216.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in North Knobs 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.