Is Beaverdam 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, Beaverdam Township has remained a Seller's Market.
Housing Prices in Beaverdam Township, NC
How much do homes in Beaverdam Township, NC cost?
Median Sold Price
$333,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Beaverdam Township was $333,000 in May 2024, up 11% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $239.5K | - | N/A |
2 Bedrooms | $260K | $264K | +1.5% |
3 Bedrooms | $319K | $350K | +9.7% |
4 Bedrooms | $346K | $349K | +0.9% |
5+ Bedrooms | $395K | $577.5K | +46.2% |
Summary: Beaverdam 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 1.5%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 46.2%.
Median Sold Price Compared To Nearby Cities
Clyde Township | $300K | $369K | +23.0% |
Beaverdam Township | $300K | $333K | +11.0% |
Upper Hominy Township | $384.9K | $409.5K | +6.4% |
Canton | $312.5K | $327.6K | +4.9% |
Pigeon Township | $335K | $342.5K | +2.2% |
Housing Supply in Beaverdam Township, NC
How many homes are available in Beaverdam Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 51 | +13.3% |
Summary: The Beaverdam Township real estate market had 51 homes for sale in May 2024, a 13.3% 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 | 14 | 16 | +14.3% |
3 Bedrooms | 24 | 26 | +8.3% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Beaverdam 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 14.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 9 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Beaverdam Township in May 2024, down by 40.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Beaverdam Township, NC
How long does it take to sell a home in Beaverdam Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 19 Days | -49.9% |
Summary: Homes in Beaverdam Township had an average of 19 days on market in May 2024, down by 49.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Beaverdam Township; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.