$42,000
Land
Listing Office: Buy From Me Realty Inc
Is Bandy's Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bandy's Township has remained a Seller's Market.
Key Takeaway
Bandy's Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bandy's Township, NC
How much do homes in Bandy's Township, NC cost?
Median Sold Price
$280,500
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$48,000(+20.6%)
Key Takeaway
Homes in Bandy's Township have sold for 20.6% more than they did a year ago.
Summary: The median home sold price in Bandy's Township was $280,500 in November 2024, up 20.6% 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 | $150K | $165K | +10.0% |
| 3 Bedrooms | $226K | $280.5K | +24.1% |
| 4 Bedrooms | $542.5K | $645K | +18.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Bandy's 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 increased by 10%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Icard Township | $195.9K | $239.9K | +22.5% |
| Bandy's Township | $232.5K | $280.5K | +20.6% |
| Vale | $252.5K | $270K | +6.9% |
| Jacobs Fork Township | $272K | $285K | +4.8% |
| Lower Fork Township | $230K | $215K | -6.5% |
Housing Supply in Bandy's Township, NC
How many homes are available in Bandy's Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Bandy's Township real estate market had 13 homes for sale in November 2024, a 7.1% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bandy's 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bandy's Township, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Bandy's Township in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Bandy's Township, NC
How long does it take to sell a home in Bandy's Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 15 Days | -48.3% |
Summary: Homes in Bandy's Township had an average of 15 days on market in Nov 2024, down by 48.3% compared to last year.
Breakdown of Home Sale Times
4 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 Bandy's Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Bandy's Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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