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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Statesville Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Statesville Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Statesville Township, NC

How much do homes in Statesville Township, NC cost?

Median Sold Price

$295,600

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$38,488(+15.0%)

Key Takeaway

Homes in Statesville Township have sold for 15% more than they did a year ago.

Summary: The median home sold price in Statesville Township was $295,600 in May 2024, up 15% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $160.2K$97.5K
-39.2%
2 $155.5K$180K
+15.8%
3 $259.7K$283.7K
+9.3%
4 $365K$344.9K
-5.5%
5+ $435K$349.4K
-19.7%

Summary: Statesville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.2%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 19.7%.

Median Sold Price Compared To Nearby Cities

Statesville Township
+15.0%
Statesville
+13.2%
Chambersburg Township
+6.5%
Fallstown Township
-1.7%

Housing Supply in Statesville Township, NC

How many homes are available in Statesville Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
493528+7.1%

Summary: The Statesville Township real estate market had 528 homes for sale in May 2024, a 7.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 5553
-3.6%
3 269285
+5.9%
4 112128
+14.3%
5+ 5660
+7.1%

Summary: The Statesville 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 decreased by 3.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
97114+17.5%

Asking Price vs. Sold Price

58 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Statesville Township, you may be able to get a good deal. 50.9% of homes here sold below asking price last month.

Summary: A total of 114 homes were sold or pending in Statesville Township in May 2024, up by 17.5% month-over-month. Of the 114 sold homes, 51% were sold under asking, 30% were sold at asking, and 19% were sold over asking.

Days on Market for Statesville Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
42 Days42 Days+0.7%

Summary: Homes in Statesville Township had an average of 42 days on market in May 2024, up by 0.7% compared to last year.

Breakdown of Home Sale Times

58 Homes Were Sold
Under 30 Days

41 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 114 homes were sold in Statesville Township; 51% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 13% 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 Statesville Township, NC

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