Is Cane River Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Cane River Township was a Seller's Market.
Housing Prices in Cane River Township, NC
How much do homes in Cane River Township, NC cost?
Median Sold Price
$355,500
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cane River Township was $355,500 in May 2024, down 4.5% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | - | N/A |
2 Bedrooms | $351.2K | $331.5K | -5.6% |
3 Bedrooms | $464.6K | $399K | -14.1% |
4 Bedrooms | $430K | $700K | +62.8% |
5+ Bedrooms | - | - | N/A |
Summary: Cane River 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 decreased by 5.6%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes increased by 62.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Price Creek Township | $450K | $540K | +20.0% |
Burnsville Township | $330K | $355K | +7.6% |
Cane River Township | $372.4K | $355.5K | -4.5% |
Egypt Township | $447.5K | $425K | -5.0% |
Housing Supply in Cane River Township, NC
How many homes are available in Cane River Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Summary: The Cane River Township real estate market had 13 homes for sale in May 2024, a 44.4% 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 | 4 | 6 | +50.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cane River 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Cane River Township in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cane River Township, NC
How long does it take to sell a home in Cane River Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
75 Days | 2 Days | -97.3% |
Summary: Homes in Cane River Township had an average of 2 days on market in May 2024, down by 97.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Cane River Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.