Is Thomasville 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, Thomasville Township has remained a Seller's Market.
Housing Prices in Thomasville Township, NC
How much do homes in Thomasville Township, NC cost?
Median Sold Price
$243,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Thomasville Township was $243,000 in May 2024, up 5.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $97K | $71.2K | -26.5% |
2 Bedrooms | $140K | $155K | +10.7% |
3 Bedrooms | $225K | $250K | +11.1% |
4 Bedrooms | $309.8K | $338.2K | +9.2% |
5+ Bedrooms | $365K | $363.8K | -0.3% |
Summary: Thomasville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.5%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Cities
Midway Township | $300K | $355K | +18.3% |
Thomasville | $225K | $240K | +6.7% |
Thomasville Township | $230K | $243K | +5.6% |
Conrad Hill Township | $250K | $260K | +4.0% |
Lexington Township | $280.6K | $284.2K | +1.3% |
Housing Supply in Thomasville Township, NC
How many homes are available in Thomasville Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
181 | 183 | +1.1% |
Summary: The Thomasville Township real estate market had 183 homes for sale in May 2024, a 1.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 29 | 27 | -6.9% |
3 Bedrooms | 118 | 118 | 0.0% |
4 Bedrooms | 28 | 28 | 0.0% |
5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Thomasville 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 6.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 | 48 | -2.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Thomasville Township in May 2024, down by 2.0% month-over-month. Of the 48 sold homes, 44% were sold under asking, 25% were sold at asking, and 31% were sold over asking.
Days on Market for Thomasville Township, NC
How long does it take to sell a home in Thomasville Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 32 Days | +16.0% |
Summary: Homes in Thomasville Township had an average of 32 days on market in May 2024, up by 16% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 48 homes were sold in Thomasville Township; 65% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.