Is New Hope 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, New Hope Township was a Seller's Market.
Housing Prices in New Hope Township, NC
How much do homes in New Hope Township, NC cost?
Median Sold Price
$1,119,000
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in New Hope Township was $1,119,000 in May 2024, up 19% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $349K | N/A |
3 Bedrooms | $542.5K | $735.5K | +35.6% |
4 Bedrooms | $1.0M | $1.1M | +12.4% |
5+ Bedrooms | $1.0M | $1.1M | +8.6% |
Summary: New Hope 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 did not change, 3 bedroom homes increased by 35.6%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
New Hope Township | $940K | $1.1M | +19.0% |
Williams Township | $700.6K | $788.2K | +12.5% |
Buckhorn Township | $615K | $643.1K | +4.6% |
White Oak Township | $576.7K | $588.5K | +2.0% |
New Hill | $659K | $659K | 0.0% |
Housing Supply in New Hope Township, NC
How many homes are available in New Hope Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 21 | 0.0% |
Summary: The New Hope Township real estate market had 21 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The New Hope 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 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in New Hope Township in May 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for New Hope Township, NC
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in New Hope Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.