Is Bakersville Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bakersville Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bakersville Township was a Seller's Market.

Key Takeaway

Bakersville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bakersville Township, NC

How much do homes in Bakersville Township, NC cost?

Median Sold Price

$250,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$44,500(-15.1%)

Key Takeaway

Homes in Bakersville Township have sold for 15.1% less than they did a year ago.

Summary: The median home sold price in Bakersville Township was $250,000 in November 2024, down 15.1% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $290K$242.5K
-16.4%
2 $169K$195K
+15.4%
3 $305K$260K
-14.8%
4 $433K$142K
-67.2%
5+ $369.2K-
N/A

Summary: Bakersville Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.4%, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes decreased by 67.2%, and 5+ bedroom homes did not change.

Housing Supply in Bakersville Township, NC

How many homes are available in Bakersville Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3334+3.0%

Summary: The Bakersville Township real estate market had 34 homes for sale in November 2024, a 3.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1211
-8.3%
3 1112
+9.1%
4 56
+20.0%
5+ 22
0.0%

Summary: The Bakersville 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 decreased by 8.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bakersville Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bakersville Township in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bakersville Township, NC

How long does it take to sell a home in Bakersville Township, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days20 Days-57.7%

Summary: Homes in Bakersville Township had an average of 20 days on market in Nov 2024, down by 57.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bakersville Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Bakersville 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Bakersville Township, NC

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