$3,563 Closing Credit*
$300,000
2,160 SqFt
3 Beds
•2 Full Baths
Mark Edward Hargrove, Listing Office: Mark Spain Real Estate
Is Averasboro Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Averasboro Township has remained a Seller's Market.
Key Takeaway
Averasboro Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Averasboro Township, NC
How much do homes in Averasboro Township, NC cost?
Median Sold Price
$232,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,000(+0.9%)
Key Takeaway
Homes in Averasboro Township have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Averasboro Township was $232,000 in October 2024, up 0.9% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40K | N/A |
| 2 Bedrooms | $159.9K | $155K | -3.1% |
| 3 Bedrooms | $239.9K | $242K | +0.9% |
| 4 Bedrooms | $312.4K | $300K | -4.0% |
| 5+ Bedrooms | $319.3K | $517.5K | +62.0% |
Summary: Averasboro Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 62%.
Median Sold Price Compared To Nearby Cities
| Duke Township | $202.5K | $230K | +13.6% |
| Dunn | $250K | $265K | +6.0% |
| Dunn | $250K | $264K | +5.6% |
| Averasboro Township | $230K | $232K | +0.9% |
| Banner Township | $326K | $314.9K | -3.4% |
Housing Supply in Averasboro Township, NC
How many homes are available in Averasboro Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 82 | +6.5% |
Summary: The Averasboro Township real estate market had 82 homes for sale in October 2024, a 6.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 11 | +57.1% |
| 3 Bedrooms | 56 | 56 | 0.0% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Averasboro Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Averasboro Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Averasboro Township in October 2024, up by 75.0% month-over-month. Of the 14 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Averasboro Township, NC
How long does it take to sell a home in Averasboro Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 55 Days | +10.6% |
Summary: Homes in Averasboro Township had an average of 55 days on market in Oct 2024, up by 10.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Averasboro Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Averasboro Township; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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