Is Lillington Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Lillington Township was a Seller's Market.
Key Takeaway
Lillington Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lillington Township, NC
How much do homes in Lillington Township, NC cost?
Median Sold Price
$342,160
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Lillington Township have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Lillington Township was $342,160 in May 2024, up 5.3% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $99.5K | +42.1% |
| 2 Bedrooms | $160K | $191.7K | +19.8% |
| 3 Bedrooms | $287.4K | $310K | +7.8% |
| 4 Bedrooms | $363.4K | $374.9K | +3.2% |
| 5+ Bedrooms | $440.2K | $455.5K | +3.5% |
Summary: Lillington Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.1%, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Lillington | $316.5K | $335.4K | +6.0% |
| Neills Creek Township | $359.9K | $380K | +5.6% |
| Lillington Township | $324.8K | $342.1K | +5.3% |
| Stewarts Creek Township | $295K | $297K | +0.7% |
| Bunnlevel | $295K | $280K | -5.1% |
Housing Supply in Lillington Township, NC
How many homes are available in Lillington Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 198 | 202 | +2.0% |
Summary: The Lillington Township real estate market had 202 homes for sale in May 2024, a 2.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 86 | 88 | +2.3% |
| 4 Bedrooms | 98 | 100 | +2.0% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Lillington 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 2.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 31 | +47.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lillington Township, expect to pay close to the asking price. 48.4% of homes here sold near the asking price last month.
Summary: A total of 31 homes were sold or pending in Lillington Township in May 2024, up by 47.6% month-over-month. Of the 31 sold homes, 26% were sold under asking, 48% were sold at asking, and 26% were sold over asking.
Days on Market for Lillington Township, NC
How long does it take to sell a home in Lillington Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 112 Days | 57 Days | -49.0% |
Summary: Homes in Lillington Township had an average of 57 days on market in May 2024, down by 49% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lillington Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 31 homes were sold in Lillington Township; 55% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved. 
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.