$3,859 Closing Credit*
$325,000
1,550 SqFt
3 Beds
•2 Full Baths
#100480233, Listing Office: Coldwell Banker HPW Raleigh Midtown
Is Bailey Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bailey Township was a Seller's Market.
Key Takeaway
Bailey Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bailey Township, NC
How much do homes in Bailey Township, NC cost?
Median Sold Price
$322,900
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,000(+2.5%)
Key Takeaway
Homes in Bailey Township have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Bailey Township was $322,900 in November 2024, up 2.5% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $196.2K | -4.3% |
| 3 Bedrooms | $299.9K | $316.9K | +5.7% |
| 4 Bedrooms | $360.2K | $374.4K | +3.9% |
| 5+ Bedrooms | $474.5K | $350K | -26.2% |
Summary: Bailey Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 26.2%.
Median Sold Price Compared To Nearby Cities
| Bailey Township | $314.9K | $322.9K | +2.5% |
| Dry Wells Township | $315K | $322.4K | +2.4% |
| Bailey | $319K | $322K | +0.9% |
Housing Supply in Bailey Township, NC
How many homes are available in Bailey Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 32 | +23.1% |
Summary: The Bailey Township real estate market had 32 homes for sale in November 2024, a 23.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 19 | 24 | +26.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bailey Township housing inventory by bedroom type for November 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 26.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bailey Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bailey Township in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Bailey Township, NC
How long does it take to sell a home in Bailey Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 80 Days | 59 Days | -26.0% |
Summary: Homes in Bailey Township had an average of 59 days on market in Nov 2024, down by 26% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bailey Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Bailey Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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