Is Long Acre 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, Long Acre Township was a Seller's Market.
Housing Prices in Long Acre Township, NC
How much do homes in Long Acre Township, NC cost?
Median Sold Price
$264,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Long Acre Township was $264,000 in May 2024, up 4.8% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $119K | N/A |
2 Bedrooms | $195.5K | $308K | +57.5% |
3 Bedrooms | $246.4K | $256K | +3.9% |
4 Bedrooms | $419.5K | $325K | -22.5% |
5+ Bedrooms | - | $310K | N/A |
Summary: Long Acre 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 57.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Washington | $234.9K | $264.4K | +12.6% |
Bath Township | $365K | $389K | +6.6% |
Long Acre Township | $252K | $264K | +4.8% |
Housing Supply in Long Acre Township, NC
How many homes are available in Long Acre Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 34 | +13.3% |
Summary: The Long Acre Township real estate market had 34 homes for sale in May 2024, a 13.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Long Acre Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Long Acre Township in May 2024, down by 50.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Long Acre Township, NC
How long does it take to sell a home in Long Acre Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 219 Days | +250.4% |
Summary: Homes in Long Acre Township had an average of 219 days on market in May 2024, up by 250.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Long Acre Township; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.