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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckhorn Township is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Buckhorn Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Buckhorn Township, NC

How much do homes in Buckhorn Township, NC cost?

Median Sold Price

$643,165

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$28,165(+4.6%)

Key Takeaway

Homes in Buckhorn Township have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Buckhorn Township was $643,165 in May 2024, up 4.6% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $494K$535K
+8.3%
3 $522.5K$527.5K
+1.0%
4 $598K$609.9K
+2.0%
5+ $798.5K$776.5K
-2.8%

Summary: Buckhorn Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Cities

Buckhorn Township
+4.6%
Apex
+2.4%
Holly Springs
+0.6%
New Hill
0.0%
Holly Springs Township
-0.8%

Housing Supply in Buckhorn Township, NC

How many homes are available in Buckhorn Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7263-12.5%

Summary: The Buckhorn Township real estate market had 63 homes for sale in May 2024, a 12.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1913
-31.6%
4 2222
0.0%
5+ 3027
-10.0%

Summary: The Buckhorn Township housing inventory by bedroom type for May 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 31.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3119-38.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckhorn Township, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Buckhorn Township in May 2024, down by 38.7% month-over-month. Of the 19 sold homes, 37% were sold under asking, 26% were sold at asking, and 37% were sold over asking.

Days on Market for Buckhorn Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
112 Days4 Days-96.4%

Summary: Homes in Buckhorn Township had an average of 4 days on market in May 2024, down by 96.4% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 19 homes were sold in Buckhorn Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 3 Days Ago

Newest Listings in Buckhorn Township, NC

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