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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calahaln Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Calahaln Township, NC

How much do homes in Calahaln Township, NC cost?

Median Sold Price

$252,900

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$53,157(-17.4%)

Key Takeaway

Homes in Calahaln Township have sold for 17.4% less than they did a year ago.

Summary: The median home sold price in Calahaln Township was $252,900 in October 2024, down 17.4% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $115K$179.9K
+56.4%
3 $322.8K$226.7K
-29.8%
4 $311.1K$252.9K
-18.7%
5+ $303K-
N/A

Summary: Calahaln 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 56.4%, 3 bedroom homes decreased by 29.8%, 4 bedroom homes decreased by 18.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Clarksville Township
+17.0%
Mocksville
+8.0%
Mocksville Township
+8.0%
Calahaln Township
-17.4%

Housing Supply in Calahaln Township, NC

How many homes are available in Calahaln Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
83-62.5%

Summary: The Calahaln Township real estate market had 3 homes for sale in October 2024, a 62.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 73
-57.1%
4 10
-100.0%
5+ 00
0.0%

Summary: The Calahaln 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 decreased by 57.1%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Calahaln Township in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Calahaln Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days6 Days-35.0%

Summary: Homes in Calahaln Township had an average of 6 days on market in Oct 2024, down by 35% compared to last year.

Breakdown of Home Sale Times

2 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 Calahaln Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Calahaln 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 20 Days Ago

Newest Listings in Calahaln Township, NC

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