Is North Brook 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, North Brook Township was a Neutral Market.
Key Takeaway
North Brook Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Brook Township, NC
How much do homes in North Brook Township, NC cost?
Median Sold Price
$260,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Brook Township have sold for 28.7% more than they did a year ago.
Summary: The median home sold price in North Brook Township was $260,000 in May 2024, up 28.7% 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 | - | - | N/A |
| 2 Bedrooms | $167.5K | $230K | +37.3% |
| 3 Bedrooms | $189K | $250K | +32.3% |
| 4 Bedrooms | $232.2K | $450K | +93.8% |
| 5+ Bedrooms | $585K | - | N/A |
Summary: North Brook 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 37.3%, 3 bedroom homes increased by 32.3%, 4 bedroom homes increased by 93.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bandy's Township | $192K | $280.2K | +46.0% |
| North Brook Township | $202K | $260K | +28.7% |
| Vale | $234K | $265K | +13.2% |
| Howards Creek Township | $306.9K | $275.2K | -10.4% |
| Crouse | $370K | $246K | -33.5% |
Housing Supply in North Brook Township, NC
How many homes are available in North Brook Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The North Brook Township real estate market had 16 homes for sale in May 2024, a 6.7% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Brook 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 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 7 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Brook Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in North Brook Township in May 2024, up by 100.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for North Brook Township, NC
How long does it take to sell a home in North Brook Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 7 Days | 17 Days | +132.4% |
Summary: Homes in North Brook Township had an average of 17 days on market in May 2024, up by 132.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Brook Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in North Brook Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.