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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buck Swamp Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Buck Swamp Township, NC

How much do homes in Buck Swamp Township, NC cost?

Median Sold Price

$300,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,000(-0.3%)

Key Takeaway

The sold price of homes in Buck Swamp Township has remained the same since last year.

Summary: The median home sold price in Buck Swamp Township was $300,000 in October 2024, down 0.3% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $262K$156K
-40.5%
3 $284.7K$298.9K
+5.0%
4 $322K$334.5K
+3.9%
5+ $435K$365K
-16.1%

Summary: Buck Swamp 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 decreased by 40.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 16.1%.

Median Sold Price Compared To Nearby Cities

Fork Township
+8.2%
Stoney Creek Township
+2.8%
Pikeville
+1.0%
Buck Swamp Township
-0.3%

Housing Supply in Buck Swamp Township, NC

How many homes are available in Buck Swamp Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4557+26.7%

Summary: The Buck Swamp Township real estate market had 57 homes for sale in October 2024, a 26.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 3039
+30.0%
4 1317
+30.8%
5+ 00
0.0%

Summary: The Buck Swamp 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 decreased by 50%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
716+128.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buck Swamp Township, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Buck Swamp Township in October 2024, up by 128.6% month-over-month. Of the 16 sold homes, 44% were sold under asking, 38% were sold at asking, and 19% were sold over asking.

Days on Market for Buck Swamp Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days55 Days+74.5%

Summary: Homes in Buck Swamp Township had an average of 55 days on market in Oct 2024, up by 74.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 16 homes were sold in Buck Swamp Township; 44% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% 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 13 Days Ago

Newest Listings in Buck Swamp Township, NC

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