Is High Point 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, High Point Township has remained a Seller's Market.
Housing Prices in High Point Township, NC
How much do homes in High Point Township, NC cost?
Median Sold Price
$257,032
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in High Point Township was $257,032 in May 2024, up 2.7% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $73.7K | $94.5K | +28.1% |
2 Bedrooms | $134.1K | $160K | +19.2% |
3 Bedrooms | $245K | $249.8K | +2.0% |
4 Bedrooms | $366.3K | $359.9K | -1.8% |
5+ Bedrooms | $432.5K | $475K | +9.8% |
Summary: High Point Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.1%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Cities
High Point Township | $250.2K | $257K | +2.7% |
High Point | $259.8K | $263.3K | +1.3% |
Jamestown | $326K | $329.9K | +1.2% |
Archdale | $235K | $236.5K | +0.6% |
Jamestown Township | $330K | $330K | 0.0% |
Housing Supply in High Point Township, NC
How many homes are available in High Point Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
450 | 448 | -0.4% |
Summary: The High Point Township real estate market had 448 homes for sale in May 2024, a 0.4% decrease 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 | 84 | 95 | +13.1% |
3 Bedrooms | 244 | 231 | -5.3% |
4 Bedrooms | 100 | 98 | -2.0% |
5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The High Point 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 increased by 13.1%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
139 | 129 | -7.2% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Summary: A total of 129 homes were sold or pending in High Point Township in May 2024, down by 7.2% month-over-month. Of the 129 sold homes, 44% were sold under asking, 26% were sold at asking, and 30% were sold over asking.
Days on Market for High Point Township, NC
How long does it take to sell a home in High Point Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 30 Days | -7.5% |
Summary: Homes in High Point Township had an average of 30 days on market in May 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
92 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During May 2024, 129 homes were sold in High Point Township; 71% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.