Is Averasboro Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Averasboro Township was a Seller's Market.
Housing Prices in Averasboro Township, NC
How much do homes in Averasboro Township, NC cost?
Median Sold Price
$240,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Averasboro Township was $240,000 in May 2024, up 14.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $163K | - | N/A |
2 Bedrooms | $159.9K | $145K | -9.3% |
3 Bedrooms | $219.2K | $242K | +10.4% |
4 Bedrooms | $330K | $305K | -7.6% |
5+ Bedrooms | $603.7K | $409.6K | -32.1% |
Summary: Averasboro 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 9.3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 32.1%.
Median Sold Price Compared To Nearby Cities
Averasboro Township | $210K | $240K | +14.3% |
Duke Township | $195K | $220K | +12.8% |
Dunn | $235K | $255.6K | +8.8% |
Dunn | $236.6K | $255.9K | +8.1% |
Banner Township | $337.2K | $329.9K | -2.2% |
Housing Supply in Averasboro Township, NC
How many homes are available in Averasboro Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
72 | 73 | +1.4% |
Summary: The Averasboro Township real estate market had 73 homes for sale in May 2024, a 1.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 43 | 42 | -2.3% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Averasboro 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 decreased by 2.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 10 | -41.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Averasboro Township in May 2024, down by 41.2% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for Averasboro Township, NC
How long does it take to sell a home in Averasboro Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
69 Days | 27 Days | -61.0% |
Summary: Homes in Averasboro Township had an average of 27 days on market in May 2024, down by 61% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Averasboro Township; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.