Is Dunn 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, Dunn Township has remained a Seller's Market.
Key Takeaway
Dunn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dunn Township, NC
How much do homes in Dunn Township, NC cost?
Median Sold Price
$287,466
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Dunn Township have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Dunn Township was $287,466 in May 2024, up 6.3% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107.7K | $140K | +29.9% |
| 2 Bedrooms | $159.9K | $165K | +3.2% |
| 3 Bedrooms | $265.2K | $280K | +5.6% |
| 4 Bedrooms | $363.4K | $401.7K | +10.5% |
| 5+ Bedrooms | $545K | $490K | -10.1% |
Summary: Dunn Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.9%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 10.1%.
Median Sold Price Compared To Nearby Cities
| Dunn Township | $270.5K | $287.4K | +6.3% |
| Little River Township | $349.9K | $349.9K | 0% |
| Harris Township | $369.9K | $364.4K | -1.5% |
Housing Supply in Dunn Township, NC
How many homes are available in Dunn Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 155 | 161 | +3.9% |
Summary: The Dunn Township real estate market had 161 homes for sale in May 2024, a 3.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 20 | 20 | 0.0% |
| 3 Bedrooms | 104 | 105 | +1.0% |
| 4 Bedrooms | 23 | 28 | +21.7% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Dunn Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 29 | +16.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dunn Township, you may be able to get a good deal. 41.4% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Dunn Township in May 2024, up by 16.0% month-over-month. Of the 29 sold homes, 41% were sold under asking, 41% were sold at asking, and 17% were sold over asking.
Days on Market for Dunn Township, NC
How long does it take to sell a home in Dunn Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 122 Days | 38 Days | -68.3% |
Summary: Homes in Dunn Township had an average of 38 days on market in May 2024, down by 68.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dunn Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 29 homes were sold in Dunn Township; 62% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.