Is Alleghany Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Alleghany Township has remained a Seller's Market.
Housing Prices in Alleghany Township, NC
How much do homes in Alleghany Township, NC cost?
Median Sold Price
$490,800
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Alleghany Township was $490,800 in May 2024, up 21.2% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $71K | $80K | +12.7% |
2 Bedrooms | $405K | $107.7K | -73.4% |
3 Bedrooms | $450K | $551.5K | +22.6% |
4 Bedrooms | $737.5K | $712.5K | -3.4% |
5+ Bedrooms | $925K | - | N/A |
Summary: Alleghany Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes decreased by 73.4%, 3 bedroom homes increased by 22.6%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes did not change.
Housing Supply in Alleghany Township, NC
How many homes are available in Alleghany Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Summary: The Alleghany Township real estate market had 9 homes for sale in May 2024, a 50.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 0 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Alleghany Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Alleghany Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Alleghany Township, NC
How long does it take to sell a home in Alleghany Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 12 Days | +150.0% |
Summary: Homes in Alleghany Township had an average of 12 days on market in May 2024, up by 150% 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 Alleghany 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.