Is Wentworth 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, Wentworth Township has remained a Seller's Market.
Housing Prices in Wentworth Township, NC
How much do homes in Wentworth Township, NC cost?
Median Sold Price
$270,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wentworth Township was $270,000 in May 2024, up 15.4% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $228.4K | N/A |
2 Bedrooms | $177.5K | $197K | +11.0% |
3 Bedrooms | $240K | $275K | +14.6% |
4 Bedrooms | $249.9K | $319K | +27.7% |
5+ Bedrooms | - | $372.4K | N/A |
Summary: Wentworth 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 11%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Wentworth | $206K | $281K | +36.4% |
Wentworth Township | $234K | $270K | +15.4% |
Reidsville | $203.8K | $222.7K | +9.3% |
Reidsville Township | $203.8K | $222.7K | +9.3% |
Simpsonville Township | $388K | $395K | +1.8% |
Housing Supply in Wentworth Township, NC
How many homes are available in Wentworth Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 24 | -4.0% |
Summary: The Wentworth Township real estate market had 24 homes for sale in May 2024, a 4.0% decrease 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 | 9 | 7 | -22.2% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Wentworth 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 22.2%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Wentworth Township in May 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Wentworth Township, NC
How long does it take to sell a home in Wentworth Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
97 Days | 44 Days | -54.4% |
Summary: Homes in Wentworth Township had an average of 44 days on market in May 2024, down by 54.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Wentworth Township; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.