Is Trinity 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, Trinity Township has remained a Seller's Market.
Housing Prices in Trinity Township, NC
How much do homes in Trinity Township, NC cost?
Median Sold Price
$276,612
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Trinity Township was $276,612 in May 2024, up 4.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $77.5K | N/A |
2 Bedrooms | $128.5K | $165K | +28.4% |
3 Bedrooms | $255K | $266.6K | +4.6% |
4 Bedrooms | $359.8K | $334.7K | -7.0% |
5+ Bedrooms | $339.9K | $395K | +16.2% |
Summary: Trinity 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 increased by 28.4%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 16.2%.
Median Sold Price Compared To Nearby Cities
Trinity | $285K | $303.9K | +6.7% |
Thomasville | $225K | $240K | +6.7% |
Trinity Township | $265.2K | $276.6K | +4.3% |
High Point Township | $250.2K | $257K | +2.7% |
Archdale | $235K | $236.5K | +0.6% |
Housing Supply in Trinity Township, NC
How many homes are available in Trinity Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
137 | 135 | -1.5% |
Summary: The Trinity Township real estate market had 135 homes for sale in May 2024, a 1.5% 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 | 12 | 12 | 0.0% |
3 Bedrooms | 87 | 82 | -5.7% |
4 Bedrooms | 32 | 32 | 0.0% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Trinity 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 decreased by 5.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 29 | -17.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Trinity Township in May 2024, down by 17.1% month-over-month. Of the 29 sold homes, 62% were sold under asking, 21% were sold at asking, and 17% were sold over asking.
Days on Market for Trinity Township, NC
How long does it take to sell a home in Trinity Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 55 Days | +178.2% |
Summary: Homes in Trinity Township had an average of 55 days on market in May 2024, up by 178.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 29 homes were sold in Trinity Township; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.