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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaverdam Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Beaverdam Township, NC

How much do homes in Beaverdam Township, NC cost?

Median Sold Price

$340,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$137,500(+67.9%)

Key Takeaway

Homes in Beaverdam Township have sold for 67.9% more than they did a year ago.

Summary: The median home sold price in Beaverdam Township was $340,000 in October 2024, up 67.9% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $135K-
N/A
2 $195K$209K
+7.2%
3 $215K$322.5K
+50.0%
4 $437K$425K
-2.7%
5+ $85K$500.1K
+488.4%

Summary: Beaverdam 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 7.2%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 488.4%.

Median Sold Price Compared To Nearby Cities

Beaverdam Township
+67.9%
Jackson Springs
+13.7%
Foxfire
+11.2%

Housing Supply in Beaverdam Township, NC

How many homes are available in Beaverdam Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
810+25.0%

Summary: The Beaverdam Township real estate market had 10 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 34
+33.3%
4 22
0.0%
5+ 01
+100.0%

Summary: The Beaverdam 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaverdam Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Beaverdam Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Beaverdam Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
195 Days71 Days-63.3%

Summary: Homes in Beaverdam Township had an average of 71 days on market in Oct 2024, down by 63.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Beaverdam Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in Beaverdam Township, NC

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