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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conrad Hill Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Conrad Hill Township, NC

How much do homes in Conrad Hill Township, NC cost?

Median Sold Price

$250,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$9,995(-3.8%)

Key Takeaway

Homes in Conrad Hill Township have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Conrad Hill Township was $250,000 in October 2024, down 3.8% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $202.5K$214.2K
+5.8%
3 $252.5K$259.4K
+2.8%
4 $269.9K$330.6K
+22.5%
5+ $539K$630K
+16.9%

Summary: Conrad Hill 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 5.8%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 16.9%.

Median Sold Price Compared To Nearby Cities

Silver Hill Township
+13.5%
Thomasville Township
+8.7%
Lexington Township
+3.2%
Lexington
+3.2%
Conrad Hill Township
-3.8%

Housing Supply in Conrad Hill Township, NC

How many homes are available in Conrad Hill Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2934+17.2%

Summary: The Conrad Hill Township real estate market had 34 homes for sale in October 2024, a 17.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 37
+133.3%
3 2022
+10.0%
4 44
0.0%
5+ 21
-50.0%

Summary: The Conrad Hill 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 133.3%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conrad Hill Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Conrad Hill Township in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Conrad Hill Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days30 Days+141.3%

Summary: Homes in Conrad Hill Township had an average of 30 days on market in Oct 2024, up by 141.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Conrad Hill Township; 50% of homes were sold within 30 days, 50% 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 Conrad Hill Township, NC

Nearby Markets to Conrad Hill Township, NC

What housing markets are near Conrad Hill Township, NC?