Is Bruce 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, Bruce Township has remained a Seller's Market.
Housing Prices in Bruce Township, NC
How much do homes in Bruce Township, NC cost?
Median Sold Price
$574,750
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bruce Township was $574,750 in April 2024, up 3% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $180K | N/A |
2 Bedrooms | $295K | $250K | -15.3% |
3 Bedrooms | $435K | $395K | -9.2% |
4 Bedrooms | $641K | $782.2K | +22.0% |
5+ Bedrooms | $835K | $825K | -1.2% |
Summary: Bruce Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.3%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes increased by 22%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Cities
Morehead Township | $273.1K | $293.5K | +7.5% |
Stokesdale | $440K | $460K | +4.5% |
Bruce Township | $557.7K | $574.7K | +3.0% |
Center Grove Township | $625K | $632K | +1.1% |
Summerfield | $581.5K | $572K | -1.6% |
Housing Supply in Bruce Township, NC
How many homes are available in Bruce Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 61 | +19.6% |
Summary: The Bruce Township real estate market had 61 homes for sale in April 2024, a 19.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 29 | 38 | +31.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bruce Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 31%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Bruce Township in April 2024, up by 7.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for Bruce Township, NC
How long does it take to sell a home in Bruce Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 27 Days | -35.9% |
Summary: Homes in Bruce Township had an average of 27 days on market in Apr 2024, down by 35.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Bruce Township; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.