Is Asheboro 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, Asheboro Township has remained a Seller's Market.
Housing Prices in Asheboro Township, NC
How much do homes in Asheboro Township, NC cost?
Median Sold Price
$245,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Asheboro Township was $245,000 in May 2024, up 4.3% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117K | $153K | +30.8% |
2 Bedrooms | $156.5K | $177.5K | +13.4% |
3 Bedrooms | $242K | $257.5K | +6.4% |
4 Bedrooms | $364K | $330K | -9.3% |
5+ Bedrooms | $360K | $400K | +11.1% |
Summary: Asheboro Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
Cedar Grove Township | $270K | $300K | +11.1% |
Franklinville Township | $235K | $246.9K | +5.1% |
Back Creek Township | $320K | $335K | +4.7% |
Asheboro Township | $235K | $245K | +4.3% |
Asheboro | $237.2K | $245K | +3.3% |
Housing Supply in Asheboro Township, NC
How many homes are available in Asheboro Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
147 | 147 | 0.0% |
Summary: The Asheboro Township real estate market had 147 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 33 | 25 | -24.2% |
3 Bedrooms | 84 | 87 | +3.6% |
4 Bedrooms | 22 | 28 | +27.3% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Asheboro 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 decreased by 24.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 43 | +2.4% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Asheboro Township in May 2024, up by 2.4% month-over-month. Of the 43 sold homes, 65% were sold under asking, 19% were sold at asking, and 16% were sold over asking.
Days on Market for Asheboro Township, NC
How long does it take to sell a home in Asheboro Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 33 Days | +26.8% |
Summary: Homes in Asheboro Township had an average of 33 days on market in May 2024, up by 26.8% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 43 homes were sold in Asheboro Township; 72% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.