Is Dutchville 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, Dutchville Township has remained a Seller's Market.
Key Takeaway
Dutchville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dutchville Township, NC
How much do homes in Dutchville Township, NC cost?
Median Sold Price
$310,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Dutchville Township have sold for 2% more than they did a year ago.
Summary: The median home sold price in Dutchville Township was $310,000 in May 2024, up 2% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127K | - | N/A |
| 2 Bedrooms | $217.2K | $245K | +12.8% |
| 3 Bedrooms | $285K | $304.5K | +6.8% |
| 4 Bedrooms | $377.5K | $385.5K | +2.1% |
| 5+ Bedrooms | $373.5K | $437.5K | +17.1% |
Summary: Dutchville 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 12.8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Cities
| Butner | $295K | $315K | +6.8% |
| Dutchville Township | $304K | $310K | +2.0% |
| Brassfield Township | $432K | $439.5K | +1.7% |
| Oak Grove Township | $391.1K | $380.8K | -2.6% |
| Creedmoor | $347.4K | $335K | -3.6% |
Housing Supply in Dutchville Township, NC
How many homes are available in Dutchville Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The Dutchville Township real estate market had 25 homes for sale in May 2024, a 3.8% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Dutchville 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 6.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dutchville Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Dutchville Township in May 2024, up by 150.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for Dutchville Township, NC
How long does it take to sell a home in Dutchville Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 71 Days | 2 Days | -95.9% |
Summary: Homes in Dutchville Township had an average of 2 days on market in May 2024, down by 95.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dutchville Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Dutchville 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.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.