Is Healing Spring Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Healing Spring Township is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Healing Spring Township was a Buyer's Market.

Key Takeaway

Healing Spring Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Healing Spring Township, NC

How much do homes in Healing Spring Township, NC cost?

Median Sold Price

$420,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$92,500(-18.0%)

Key Takeaway

Homes in Healing Spring Township have sold for 18% less than they did a year ago.

Summary: The median home sold price in Healing Spring Township was $420,000 in May 2024, down 18% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $302K-
N/A
2 $446.2K$387.5K
-13.2%
3 $500K$450K
-10.0%
4 $1.1M$285.9K
-74.0%
5+ --
N/A

Summary: Healing Spring 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 13.2%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 74%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Silver Hill Township
+10.9%
Emmons Township
+10.7%
Denton
+3.8%
Healing Spring Township
-18.0%

Housing Supply in Healing Spring Township, NC

How many homes are available in Healing Spring Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4039-2.5%

Summary: The Healing Spring Township real estate market had 39 homes for sale in May 2024, a 2.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 37
+133.3%
3 2824
-14.3%
4 97
-22.2%
5+ 00
0.0%

Summary: The Healing Spring Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 133.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1119+72.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Healing Spring Township, expect to pay close to the asking price. 57.9% of homes here sold near the asking price last month.

Summary: A total of 19 homes were sold or pending in Healing Spring Township in May 2024, up by 72.7% month-over-month. Of the 19 sold homes, 26% were sold under asking, 58% were sold at asking, and 16% were sold over asking.

Days on Market for Healing Spring Township, NC

How long does it take to sell a home in Healing Spring Township, NC?

Average Sale Time

May 2023May 2024CHANGE
47 Days52 Days+11.0%

Summary: Homes in Healing Spring Township had an average of 52 days on market in May 2024, up by 11% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Healing Spring Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 19 homes were sold in Healing Spring Township; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Healing Spring Township, NC

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