Is Washington 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, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, NC
How much do homes in Washington Township, NC cost?
Median Sold Price
$260,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Washington Township was $260,000 in April 2024, up 13% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $119K | N/A |
2 Bedrooms | $137.5K | $188.5K | +37.1% |
3 Bedrooms | $234.7K | $250K | +6.5% |
4 Bedrooms | $262.3K | $315K | +20.1% |
5+ Bedrooms | $240K | $355.6K | +48.2% |
Summary: Washington 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 37.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 48.2%.
Median Sold Price Compared To Nearby Cities
Pactolus Township | $159K | $258K | +62.3% |
Washington Township | $230K | $260K | +13.0% |
Washington | $231.3K | $260K | +12.4% |
Housing Supply in Washington Township, NC
How many homes are available in Washington Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 87 | +4.8% |
Summary: The Washington Township real estate market had 87 homes for sale in April 2024, a 4.8% 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 | 10 | 12 | +20.0% |
3 Bedrooms | 48 | 48 | 0.0% |
4 Bedrooms | 17 | 19 | +11.8% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Washington 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 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 24 | +50.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Washington Township in April 2024, up by 50.0% month-over-month. Of the 24 sold homes, 71% were sold under asking, 17% were sold at asking, and 13% were sold over asking.
Days on Market for Washington Township, NC
How long does it take to sell a home in Washington Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 50 Days | +49.3% |
Summary: Homes in Washington Township had an average of 50 days on market in Apr 2024, up by 49.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Washington Township; 46% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.