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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barbecue Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Barbecue Township has remained a Seller's Market.

Key Takeaway

Barbecue Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Barbecue Township, NC

How much do homes in Barbecue Township, NC cost?

Median Sold Price

$324,937

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,937(+6.5%)

Key Takeaway

Homes in Barbecue Township have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Barbecue Township was $324,937 in October 2024, up 6.5% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $220K$267.5K
+21.6%
3 $284.7K$305K
+7.1%
4 $368.5K$384.9K
+4.5%
5+ $445.5K$469K
+5.3%

Summary: Barbecue 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 21.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Cities

Broadway
+9.8%
Upper Little River Township
+8.5%
Barbecue Township
+6.5%
Anderson Creek Township
+2.2%
Cameron
+1.9%

Housing Supply in Barbecue Township, NC

How many homes are available in Barbecue Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
147138-6.1%

Summary: The Barbecue Township real estate market had 138 homes for sale in October 2024, a 6.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 9494
0.0%
4 4137
-9.8%
5+ 116
-45.5%

Summary: The Barbecue 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 remained the same, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes decreased by 45.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3827-28.9%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barbecue Township, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 27 homes were sold or pending in Barbecue Township in October 2024, down by 28.9% month-over-month. Of the 27 sold homes, 41% were sold under asking, 56% were sold at asking, and 4% were sold over asking.

Days on Market for Barbecue Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
60 Days51 Days-14.6%

Summary: Homes in Barbecue Township had an average of 51 days on market in Oct 2024, down by 14.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 27 homes were sold in Barbecue Township; 48% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 15% 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 16 Days Ago

Newest Listings in Barbecue Township, NC

Nearby Markets to Barbecue Township, NC

What housing markets are near Barbecue Township, NC?