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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Courthouse Township is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Courthouse Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Courthouse Township, NC

How much do homes in Courthouse Township, NC cost?

Median Sold Price

$399,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,500(+6.5%)

Key Takeaway

Homes in Courthouse Township have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Courthouse Township was $399,000 in October 2024, up 6.5% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $368K$241K
-34.5%
3 $331.4K$379.9K
+14.6%
4 $399K$467.1K
+17.1%
5+ $492.5K-
N/A

Summary: Courthouse 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 decreased by 34.5%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Courthouse Township
+6.5%
Elizabeth City Township
+5.5%
Camden
+2.7%
Crawford Township
+1.2%

Housing Supply in Courthouse Township, NC

How many homes are available in Courthouse Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4342-2.3%

Summary: The Courthouse Township real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1919
0.0%
4 2120
-4.8%
5+ 33
0.0%

Summary: The Courthouse 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Courthouse Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Courthouse Township in October 2024, up by 42.9% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Courthouse Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
96 Days9 Days-89.8%

Summary: Homes in Courthouse Township had an average of 9 days on market in Oct 2024, down by 89.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Courthouse Township; 90% of homes were sold within 30 days, 10% 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 16 Days Ago

Newest Listings in Courthouse Township, NC

Nearby Markets to Courthouse Township, NC

What housing markets are near Courthouse Township, NC?