Is Almond 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, Almond Township has remained a Seller's Market.
Key Takeaway
Almond Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Almond Township, NC
How much do homes in Almond Township, NC cost?
Median Sold Price
$397,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Almond Township have sold for 28.9% more than they did a year ago.
Summary: The median home sold price in Almond Township was $397,000 in May 2024, up 28.9% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $405.1K | N/A |
| 2 Bedrooms | $389.9K | $335K | -14.1% |
| 3 Bedrooms | $294.1K | $303.3K | +3.1% |
| 4 Bedrooms | $320.6K | $399K | +24.4% |
| 5+ Bedrooms | - | $422.8K | N/A |
Summary: Almond 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 decreased by 14.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Almond Township | $307.9K | $397K | +28.9% |
| Albemarle | $239.8K | $255K | +6.3% |
| Furr Township | $365K | $385K | +5.5% |
| Ridenhour Township | $312.5K | $319K | +2.1% |
Housing Supply in Almond Township, NC
How many homes are available in Almond Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Summary: The Almond Township real estate market had 14 homes for sale in May 2024, a 40.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Almond 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 75%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Almond Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Almond Township in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Almond Township, NC
How long does it take to sell a home in Almond Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 104 Days | 109 Days | +5.3% |
Summary: Homes in Almond Township had an average of 109 days on market in May 2024, up by 5.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Almond Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 4 homes were sold in Almond Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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