$5,639 Closing Credit*
$474,900
3,173 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jack Bailey, Listing Office: HELP-U-SELL OF GREENSBORO
Is Deep River Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Deep River Township has remained a Seller's Market.
Key Takeaway
Deep River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Deep River Township, NC
How much do homes in Deep River Township, NC cost?
Median Sold Price
$383,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$16,958(-4.2%)
Key Takeaway
Homes in Deep River Township have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in Deep River Township was $383,000 in October 2024, down 4.2% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $270K | $262.5K | -2.8% |
| 3 Bedrooms | $325K | $350K | +7.7% |
| 4 Bedrooms | $438.5K | $417.5K | -4.8% |
| 5+ Bedrooms | $472K | $482.5K | +2.2% |
Summary: Deep River 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 2.8%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
| Kernersville | $327.8K | $334K | +1.9% |
| Friendship Township | $295K | $293K | -0.7% |
| Colfax | $427.5K | $419.7K | -1.8% |
| Oak Ridge | $635K | $621.9K | -2.0% |
| Deep River Township | $399.9K | $383K | -4.2% |
Housing Supply in Deep River Township, NC
How many homes are available in Deep River Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 86 | 88 | +2.3% |
Summary: The Deep River Township real estate market had 88 homes for sale in October 2024, a 2.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 34 | 34 | 0.0% |
| 4 Bedrooms | 32 | 34 | +6.3% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Deep River 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deep River Township, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Deep River Township in October 2024, the same as the previous month. Of the 17 sold homes, 47% were sold under asking, 35% were sold at asking, and 18% were sold over asking.
Days on Market for Deep River Township, NC
How long does it take to sell a home in Deep River Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 35 Days | -0.2% |
Summary: Homes in Deep River Township had an average of 35 days on market in Oct 2024, down by 0.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Deep River Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Deep River Township; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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