$7,244 Closing Credit*
$610,000
3,243 SqFt
5 Beds
•3 Full Baths, 1 Partial
#100480017, Listing Office: Coldwell Banker Sea Coast Advantage-Leland
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 November 2023
At the same time last year, Cape Fear Township was a Seller's Market.
Key Takeaway
Cape Fear Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cape Fear Township, NC
How much do homes in Cape Fear Township, NC cost?
Median Sold Price
$387,990
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,040(+6.3%)
Key Takeaway
Homes in Cape Fear Township have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Cape Fear Township was $387,990 in November 2024, up 6.3% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | - | N/A |
| 2 Bedrooms | $249.7K | $251.2K | +0.6% |
| 3 Bedrooms | $348.4K | $355K | +1.9% |
| 4 Bedrooms | $401.1K | $417.4K | +4.1% |
| 5+ Bedrooms | $415.8K | $438K | +5.4% |
Summary: Cape Fear Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
| Cape Fear Township | $364.9K | $387.9K | +6.3% |
| Wilmington Township | $406.1K | $428.6K | +5.6% |
| Wilmington | $406.1K | $428.3K | +5.5% |
| Harnett Township | $449.6K | $449.3K | -0.1% |
Housing Supply in Cape Fear Township, NC
How many homes are available in Cape Fear Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 139 | 138 | -0.7% |
Summary: The Cape Fear Township real estate market had 138 homes for sale in November 2024, a 0.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 76 | 77 | +1.3% |
| 4 Bedrooms | 44 | 42 | -4.5% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Cape Fear Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 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. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Cape Fear Township in November 2024, up by 5.0% month-over-month. Of the 21 sold homes, 62% were sold under asking, 19% were sold at asking, and 19% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 35 Days | +35.6% |
Summary: Homes in Cape Fear Township had an average of 35 days on market in Nov 2024, up by 35.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was 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 November 2024, 21 homes were sold in Cape Fear Township; 57% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
