Is South Williams 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, South Williams Township was a Seller's Market.
Key Takeaway
South Williams Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Williams Township, NC
How much do homes in South Williams Township, NC cost?
Median Sold Price
$190,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in South Williams Township have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in South Williams Township was $190,000 in May 2024, up 5.6% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $255K | N/A |
| 2 Bedrooms | $110K | $137K | +24.5% |
| 3 Bedrooms | $165K | $185K | +12.1% |
| 4 Bedrooms | $245K | $252K | +2.9% |
| 5+ Bedrooms | - | $350K | N/A |
Summary: South Williams 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 24.5%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Tabor City | $192.7K | $206.1K | +6.9% |
| South Williams Township | $180K | $190K | +5.6% |
Housing Supply in South Williams Township, NC
How many homes are available in South Williams Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The South Williams Township real estate market had 16 homes for sale in May 2024, a 23.1% 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Williams 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 increased by 200%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Williams Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in South Williams Township in May 2024, up by 100.0% 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 South Williams Township, NC
How long does it take to sell a home in South Williams Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 43 Days | 5 Days | -88.4% |
Summary: Homes in South Williams Township had an average of 5 days on market in May 2024, down by 88.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Williams Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in South Williams 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.
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