$135,000
4.00 Acres
Land
Brigitte J Condoret, Listing Office: Century 21 Southern Lifestyles
Is Center 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, Center Township was a Buyer's Market.
Key Takeaway
Center 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 Center Township, NC
How much do homes in Center Township, NC cost?
Median Sold Price
$494,215
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,775(-1.2%)
Key Takeaway
Homes in Center Township have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Center Township was $494,215 in November 2024, down 1.2% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $322.2K | - | N/A |
| 2 Bedrooms | $340K | $326K | -4.1% |
| 3 Bedrooms | $433.7K | $434.7K | 0.2% |
| 4 Bedrooms | $553K | $573.9K | +3.8% |
| 5+ Bedrooms | $679.9K | $935K | +37.5% |
Summary: Center 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 decreased by 4.1%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 37.5%.
Median Sold Price Compared To Nearby Cities
| Center Township | $499.9K | $494.2K | -1.2% |
| Pittsboro | $629.8K | $608.5K | -3.4% |
| Moncure | $619K | $472.5K | -23.7% |
Housing Supply in Center Township, NC
How many homes are available in Center Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 60 | -17.8% |
Summary: The Center Township real estate market had 60 homes for sale in November 2024, a 17.8% 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 | 7 | -12.5% |
| 3 Bedrooms | 38 | 32 | -15.8% |
| 4 Bedrooms | 21 | 15 | -28.6% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Center 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 decreased by 12.5%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Center Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Center Township in November 2024, down by 40.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Center Township, NC
How long does it take to sell a home in Center Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 131 Days | 51 Days | -60.9% |
Summary: Homes in Center Township had an average of 51 days on market in Nov 2024, down by 60.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Center Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Center Township; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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