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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bandy's Township is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Bandy's Township was a Buyer'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

$273,250

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$47,250(+20.9%)

Key Takeaway

Homes in Bandy's Township have sold for 20.9% more than they did a year ago.

Summary: The median home sold price in Bandy's Township was $273,250 in October 2024, up 20.9% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $145K$165K
+13.8%
3 $220K$273.2K
+24.2%
4 $542.5K$645K
+18.9%
5+ --
N/A

Summary: Bandy's 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 increased by 13.8%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Icard Township
+22.0%
Bandy's Township
+20.9%
Vale
+4.0%
Jacobs Fork Township
0.5%
Lower Fork Township
-16.5%

Housing Supply in Bandy's Township, NC

How many homes are available in Bandy's Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12120.0%

Summary: The Bandy's Township real estate market had 12 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 87
-12.5%
4 23
+50.0%
5+ 00
0.0%

Summary: The Bandy's 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bandy's Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bandy's Township in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
39 Days103 Days+165.0%

Summary: Homes in Bandy's Township had an average of 103 days on market in Oct 2024, up by 165% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bandy's Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Bandy's Township; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Bandy's Township, NC

Nearby Markets to Bandy's Township, NC

What housing markets are near Bandy's Township, NC?