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 November 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

$400,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,500(+6.8%)

Key Takeaway

Homes in Courthouse Township have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Courthouse Township was $400,000 in November 2024, up 6.8% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $368K$241K
-34.5%
3 $327.8K$399K
+21.7%
4 $407K$467.1K
+14.8%
5+ $492.5K-
N/A

Summary: Courthouse 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 34.5%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Elizabeth City Township
+7.0%
Courthouse Township
+6.8%
Crawford Township
+4.0%
Camden
+2.8%

Housing Supply in Courthouse Township, NC

How many homes are available in Courthouse Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3735-5.4%

Summary: The Courthouse Township real estate market had 35 homes for sale in November 2024, a 5.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1919
0.0%
4 1513
-13.3%
5+ 32
-33.3%

Summary: The Courthouse 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Courthouse Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Courthouse Township in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
4 Days56 Days+1152.8%

Summary: Homes in Courthouse Township had an average of 56 days on market in Nov 2024, up by 1152.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 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 November 2024, 8 homes were sold in Courthouse Township; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in Courthouse Township, NC

Nearby Markets to Courthouse Township, NC

What housing markets are near Courthouse Township, NC?