Is Center 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, Center Township has remained a Seller's Market.
Housing Prices in Center Township, NC
How much do homes in Center Township, NC cost?
Median Sold Price
$276,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Center Township was $276,000 in May 2024, up 10.4% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $379.9K | - | N/A |
2 Bedrooms | $170K | $365K | +114.7% |
3 Bedrooms | $260K | $249.5K | -4.0% |
4 Bedrooms | $650K | $585K | -10.0% |
5+ Bedrooms | $3.5M | $1.3M | -60.7% |
Summary: Center 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 114.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 60.7%.
Median Sold Price Compared To Nearby Cities
Tyson Township | $245K | $390K | +59.2% |
Norwood | $247K | $280K | +13.4% |
Center Township | $250K | $276K | +10.4% |
South Albemarle Township | $251K | $264.4K | +5.4% |
Pee Dee Township | $253.7K | $142.5K | -43.8% |
Housing Supply in Center Township, NC
How many homes are available in Center Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 34 | +13.3% |
Summary: The Center Township real estate market had 34 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 | 13 | 15 | +15.4% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Center 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 15.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Center Township in May 2024, down by 12.5% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Center Township, NC
How long does it take to sell a home in Center Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
66 Days | 69 Days | +3.6% |
Summary: Homes in Center Township had an average of 69 days on market in May 2024, up by 3.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Center Township; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.