Is Traphill Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Traphill Township was a Neutral Market.
Housing Prices in Traphill Township, NC
How much do homes in Traphill Township, NC cost?
Median Sold Price
$311,750
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Traphill Township was $311,750 in April 2024, down 9% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $239K | $101.5K | -57.5% |
2 Bedrooms | $327.9K | $245K | -25.3% |
3 Bedrooms | $347.5K | $460K | +32.4% |
4 Bedrooms | $355K | $293.5K | -17.3% |
5+ Bedrooms | $365K | - | N/A |
Summary: Traphill Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.5%, 2 bedroom homes decreased by 25.3%, 3 bedroom homes increased by 32.4%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Edwards Township | $174K | $179K | +2.9% |
Traphill Township | $342.5K | $311.7K | -9.0% |
Housing Supply in Traphill Township, NC
How many homes are available in Traphill Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Summary: The Traphill Township real estate market had 17 homes for sale in April 2024, a 70.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 7 | 10 | +42.9% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Traphill Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Traphill Township in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Traphill Township, NC
How long does it take to sell a home in Traphill Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 165 Days | +8150.0% |
Summary: Homes in Traphill Township had an average of 165 days on market in Apr 2024, up by 8150% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Traphill Township; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.