Is Tabernacle 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, Tabernacle Township has remained a Seller's Market.
Housing Prices in Tabernacle Township, NC
How much do homes in Tabernacle Township, NC cost?
Median Sold Price
$311,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Tabernacle Township was $311,000 in May 2024, down 5.5% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $175K | $119.5K | -31.7% |
3 Bedrooms | $293K | $304.9K | +4.1% |
4 Bedrooms | $362.7K | $340.2K | -6.2% |
5+ Bedrooms | $338.6K | - | N/A |
Summary: Tabernacle 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 31.7%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Back Creek Township | $320K | $335K | +4.7% |
Trinity Township | $265.2K | $276.6K | +4.3% |
Conrad Hill Township | $250K | $260K | +4.0% |
Tabernacle Township | $329K | $311K | -5.5% |
Housing Supply in Tabernacle Township, NC
How many homes are available in Tabernacle Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 21 | +50.0% |
Summary: The Tabernacle Township real estate market had 21 homes for sale in May 2024, a 50.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 16 | +77.8% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Tabernacle 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 remained the same, 3 bedroom homes increased by 77.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Tabernacle Township in May 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Tabernacle Township, NC
How long does it take to sell a home in Tabernacle Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 64 Days | +4.4% |
Summary: Homes in Tabernacle Township had an average of 64 days on market in May 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Tabernacle Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.