Is Wittenburg 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, Wittenburg Township has remained a Seller's Market.
Housing Prices in Wittenburg Township, NC
How much do homes in Wittenburg Township, NC cost?
Median Sold Price
$430,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wittenburg Township was $430,000 in May 2024, up 22.9% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | - | N/A |
2 Bedrooms | $265K | $336.5K | +27.0% |
3 Bedrooms | $349.9K | $430K | +22.9% |
4 Bedrooms | $485K | $510K | +5.2% |
5+ Bedrooms | $220K | $1.2M | +479.5% |
Summary: Wittenburg 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 27%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 479.5%.
Median Sold Price Compared To Nearby Cities
Wittenburg Township | $350K | $430K | +22.9% |
Taylorsville Township | $259.9K | $298.5K | +14.9% |
Clines Township | $274.9K | $299.9K | +9.1% |
Little River Township | $262.4K | $246K | -6.3% |
Housing Supply in Wittenburg Township, NC
How many homes are available in Wittenburg Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 49 | -2.0% |
Summary: The Wittenburg Township real estate market had 49 homes for sale in May 2024, a 2.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 5 | 1 | -80.0% |
3 Bedrooms | 30 | 33 | +10.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Wittenburg 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 80%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 11 | -15.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Wittenburg Township in May 2024, down by 15.4% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for Wittenburg Township, NC
How long does it take to sell a home in Wittenburg Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 63 Days | +116.3% |
Summary: Homes in Wittenburg Township had an average of 63 days on market in May 2024, up by 116.3% compared to last year.
Breakdown of Home Sale Times
6 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, 11 homes were sold in Wittenburg Township; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.