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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Biscoe Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Biscoe Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Biscoe Township, NC

How much do homes in Biscoe Township, NC cost?

Median Sold Price

$200,000

$168/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$63,250(+46.3%)

Key Takeaway

Homes in Biscoe Township have sold for 46.3% more than they did a month ago.

Summary: The median home sold price in Biscoe Township was $200,000 in December 2024, up 46.3% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $15.5K-
N/A
3 $258K$200K
-22.5%
4 --
N/A
5+ --
N/A

Summary: Biscoe Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Biscoe Township, NC

How many homes are available in Biscoe Township, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
75-28.6%

Summary: The Biscoe Township real estate market had 5 homes for sale in December 2024, a 28.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 43
-25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Biscoe Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 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 Biscoe Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Biscoe Township in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Biscoe Township, NC

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

Average Sale Time

Nov 2024Dec 2024CHANGE
38 Days165 Days+334.2%

Summary: Homes in Biscoe Township had an average of 165 days on market in Dec 2024, up by 334.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 1 homes were sold in Biscoe Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

Newest Listings in Biscoe Township, NC

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What housing markets are near Biscoe Township, NC?