Is White Oak 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, White Oak Township has remained a Seller's Market.
Housing Prices in White Oak Township, NC
How much do homes in White Oak Township, NC cost?
Median Sold Price
$601,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in White Oak Township was $601,000 in May 2024, up 26% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $291K | $300K | +3.1% |
2 Bedrooms | $290K | $475K | +63.8% |
3 Bedrooms | $470K | $569K | +21.1% |
4 Bedrooms | $603K | $659.9K | +9.4% |
5+ Bedrooms | $1.6M | $1.5M | -8.8% |
Summary: White Oak Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 63.8%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 8.8%.
Housing Supply in White Oak Township, NC
How many homes are available in White Oak Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
229 | 255 | +11.4% |
Summary: The White Oak Township real estate market had 255 homes for sale in May 2024, a 11.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 14 | +7.7% |
2 Bedrooms | 26 | 28 | +7.7% |
3 Bedrooms | 99 | 113 | +14.1% |
4 Bedrooms | 72 | 81 | +12.5% |
5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The White Oak Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 47 | +51.6% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in White Oak Township in May 2024, up by 51.6% month-over-month. Of the 47 sold homes, 53% were sold under asking, 30% were sold at asking, and 17% were sold over asking.
Days on Market for White Oak Township, NC
How long does it take to sell a home in White Oak Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
55 Days | 36 Days | -34.5% |
Summary: Homes in White Oak Township had an average of 36 days on market in May 2024, down by 34.5% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 47 homes were sold in White Oak Township; 60% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.