$4,127 Closing Credit*
$347,500
1,861 SqFt
3 Beds
•2 Full Baths
#100476255, Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties
Is Cape Fear Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Cape Fear Township was a Seller's Market.
Key Takeaway
Cape Fear Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cape Fear Township, NC
How much do homes in Cape Fear Township, NC cost?
Median Sold Price
$379,479
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,989(+3.8%)
Key Takeaway
Homes in Cape Fear Township have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Cape Fear Township was $379,479 in October 2024, up 3.8% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | - | N/A |
| 2 Bedrooms | $248.7K | $251.2K | +1.0% |
| 3 Bedrooms | $349.9K | $349K | -0.3% |
| 4 Bedrooms | $401.1K | $417.7K | +4.1% |
| 5+ Bedrooms | $415.8K | $438K | +5.4% |
Summary: Cape Fear 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 1%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
| Wilmington | $406.8K | $425.5K | +4.6% |
| Wilmington Township | $406.5K | $425.4K | +4.6% |
| Cape Fear Township | $365.4K | $379.4K | +3.8% |
| Harnett Township | $450K | $446.2K | -0.8% |
Housing Supply in Cape Fear Township, NC
How many homes are available in Cape Fear Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 135 | 142 | +5.2% |
Summary: The Cape Fear Township real estate market had 142 homes for sale in October 2024, a 5.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 75 | 80 | +6.7% |
| 4 Bedrooms | 46 | 43 | -6.5% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Cape Fear 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 increased by 60%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cape Fear Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Cape Fear Township in October 2024, up by 11.1% month-over-month. Of the 20 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% were sold over asking.
Days on Market for Cape Fear Township, NC
How long does it take to sell a home in Cape Fear Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 54 Days | +89.6% |
Summary: Homes in Cape Fear Township had an average of 54 days on market in Oct 2024, up by 89.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cape Fear Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Cape Fear Township; 55% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
