Is Haw 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
Since last year, Haw River Township has remained a Seller's Market.
Key Takeaway
Haw River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Haw River Township, NC
How much do homes in Haw River Township, NC cost?
Median Sold Price
$335,000
$180/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Key Takeaway
The sold price of homes in Haw River Township has remained the same since last year.
Summary: The median home sold price in Haw River Township was $335,000 in May 2024, the same as last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160K | N/A |
| 2 Bedrooms | $257K | $179.2K | -30.3% |
| 3 Bedrooms | $281K | $281.4K | 0.2% |
| 4 Bedrooms | $375K | $351.4K | -6.3% |
| 5+ Bedrooms | $346K | $365.7K | +5.7% |
Summary: Haw 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 30.3%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
| Center Township | $484.9K | $499.9K | +3.1% |
| Haw River Township | $335K | $335K | 0.0% |
| New Hill | $659K | $659K | 0.0% |
Housing Supply in Haw River Township, NC
How many homes are available in Haw River Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 55 | 52 | -5.5% |
Summary: The Haw River Township real estate market had 52 homes for sale in May 2024, a 5.5% 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 | 5 | 2 | -60.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 22 | 21 | -4.5% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Haw 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 decreased by 60%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 21 | +90.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Haw River Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Haw River Township in May 2024, up by 90.9% month-over-month. Of the 21 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Haw River Township, NC
How long does it take to sell a home in Haw River Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 36 Days | 77 Days | +109.6% |
Summary: Homes in Haw River Township had an average of 77 days on market in May 2024, up by 109.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Haw River Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 21 homes were sold in Haw River Township; 48% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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