Is Bandy's 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, Bandy's Township has remained a Seller's Market.
Housing Prices in Bandy's Township, NC
How much do homes in Bandy's Township, NC cost?
Median Sold Price
$280,250
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bandy's Township was $280,250 in May 2024, up 46% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $107K | $279K | +160.7% |
3 Bedrooms | $192K | $272.5K | +41.9% |
4 Bedrooms | $553K | $582.5K | +5.3% |
5+ Bedrooms | - | - | N/A |
Summary: Bandy's 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 increased by 160.7%, 3 bedroom homes increased by 41.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Bandy's Township | $192K | $280.2K | +46.0% |
Jacobs Fork Township | $256K | $295K | +15.2% |
Lower Fork Township | $185K | $210.5K | +13.8% |
Vale | $234K | $265K | +13.2% |
Icard Township | $190K | $205K | +7.9% |
Housing Supply in Bandy's Township, NC
How many homes are available in Bandy's Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 12 | -36.8% |
Summary: The Bandy's Township real estate market had 12 homes for sale in May 2024, a 36.8% decrease 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 | 1 | 2 | +100.0% |
3 Bedrooms | 16 | 8 | -50.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bandy's 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 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Bandy's Township in May 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Bandy's Township, NC
How long does it take to sell a home in Bandy's Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 63 Days | +629.2% |
Summary: Homes in Bandy's Township had an average of 63 days on market in May 2024, up by 629.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Bandy's Township; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.