Is Bethania 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, Bethania Township has remained a Seller's Market.
Key Takeaway
Bethania Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bethania Township, NC
How much do homes in Bethania Township, NC cost?
Median Sold Price
$260,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bethania Township have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Bethania Township was $260,000 in May 2024, up 1.2% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $171.9K | $143K | -16.8% |
| 3 Bedrooms | $255K | $258K | +1.2% |
| 4 Bedrooms | $280K | $327K | +16.8% |
| 5+ Bedrooms | $350K | $365K | +4.3% |
Summary: Bethania 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 16.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Tobaccoville | $252K | $288.4K | +14.5% |
| Pfafftown | $335K | $340K | +1.5% |
| Bethania Township | $256.9K | $260K | +1.2% |
| Rural Hall | $270K | $260K | -3.7% |
Housing Supply in Bethania Township, NC
How many homes are available in Bethania Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 37 | +8.8% |
Summary: The Bethania Township real estate market had 37 homes for sale in May 2024, a 8.8% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bethania 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 4.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bethania Township, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Bethania Township in May 2024, up by 37.5% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.
Days on Market for Bethania Township, NC
How long does it take to sell a home in Bethania Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 90 Days | +179.4% |
Summary: Homes in Bethania Township had an average of 90 days on market in May 2024, up by 179.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bethania Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Bethania Township; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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