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
$263,830
$152/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 $263,830 in April 2024, up 1.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $449.9K | $119K | -73.5% |
2 Bedrooms | $160K | $165K | +3.1% |
3 Bedrooms | $260K | $260K | 0.0% |
4 Bedrooms | $315K | $320K | +1.6% |
5+ Bedrooms | $392.5K | $336.2K | -14.3% |
Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 73.5%, 2 bedroom homes increased by 3.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 14.3%.
Median Sold Price Compared To Nearby Cities
Mc Leansville | $292.5K | $299.9K | +2.6% |
Washington Township | $260K | $263.8K | +1.5% |
Jefferson Township | $267K | $264.5K | -0.9% |
Browns Summit | $341K | $327.4K | -4.0% |
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 |
---|---|---|
90 | 92 | +2.2% |
Summary: The Washington Township real estate market had 92 homes for sale in April 2024, a 2.2% 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 | 53 | 51 | -3.8% |
4 Bedrooms | 19 | 21 | +10.5% |
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 decreased by 3.8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 27 | +50.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Washington Township in April 2024, up by 50.0% month-over-month. Of the 27 sold homes, 74% were sold under asking, 15% were sold at asking, and 11% 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 |
---|---|---|
23 Days | 51 Days | +119.6% |
Summary: Homes in Washington Township had an average of 51 days on market in Apr 2024, up by 119.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Washington Township; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.