Is South Whitakers Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, South Whitakers Township was a Seller's Market.
Key Takeaway
South Whitakers Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Whitakers Township, NC
How much do homes in South Whitakers Township, NC cost?
Median Sold Price
$215,000
$133/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in South Whitakers Township have sold for 29.4% less than they did a month ago.
Summary: The median home sold price in South Whitakers Township was $215,000 in May 2024, down 29.4% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | - | N/A |
| 3 Bedrooms | $242K | $215K | -11.2% |
| 4 Bedrooms | $403.1K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: South Whitakers Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Whitakers Township | $340K | $513K | +50.9% |
| Battleboro | $330K | $386.6K | +17.2% |
| Dortches | $388.5K | $391.1K | +0.7% |
| South Whitakers Township | $304.5K | $215K | -29.4% |
Housing Supply in South Whitakers Township, NC
How many homes are available in South Whitakers Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 27 | +8.0% |
Summary: The South Whitakers Township real estate market had 27 homes for sale in May 2024, a 8.0% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The South Whitakers 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 50%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Whitakers Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in South Whitakers Township in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for South Whitakers Township, NC
How long does it take to sell a home in South Whitakers Township, NC?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 221 Days | 6 Days | -97.1% |
Summary: Homes in South Whitakers Township had an average of 6 days on market in May 2024, down by 97.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Whitakers Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in South Whitakers 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.
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