Is Conrad Hill Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Conrad Hill Township has remained a Seller's Market.
Housing Prices in Conrad Hill Township, NC
How much do homes in Conrad Hill Township, NC cost?
Median Sold Price
$260,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Conrad Hill Township was $260,000 in May 2024, up 4% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $223.5K | $214.2K | -4.1% |
3 Bedrooms | $241K | $260K | +7.9% |
4 Bedrooms | $285.4K | $442K | +54.8% |
5+ Bedrooms | $427K | $625K | +46.4% |
Summary: Conrad Hill Township housing prices by bedroom type for May 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 7.9%, 4 bedroom homes increased by 54.8%, and 5+ bedroom homes increased by 46.4%.
Median Sold Price Compared To Nearby Cities
Silver Hill Township | $302.1K | $335K | +10.9% |
Thomasville Township | $230K | $243K | +5.6% |
Conrad Hill Township | $250K | $260K | +4.0% |
Lexington | $280.3K | $284.2K | +1.4% |
Lexington Township | $280.6K | $284.2K | +1.3% |
Housing Supply in Conrad Hill Township, NC
How many homes are available in Conrad Hill Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 34 | 0.0% |
Summary: The Conrad Hill Township real estate market had 34 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 27 | 25 | -7.4% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Conrad Hill Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Conrad Hill Township in May 2024, up by 44.4% month-over-month. Of the 13 sold homes, 77% were sold under asking, 8% were sold at asking, and 15% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 29 Days | +80.9% |
Summary: Homes in Conrad Hill Township had an average of 29 days on market in May 2024, up by 80.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Conrad Hill Township; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.