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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dry Wells Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Dry Wells Township has remained a Neutral Market.

Key Takeaway

Dry Wells Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Dry Wells Township, NC

How much do homes in Dry Wells Township, NC cost?

Median Sold Price

$339,450

$178/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$85,950(+33.9%)

Key Takeaway

Homes in Dry Wells Township have sold for 33.9% more than they did a month ago.

Summary: The median home sold price in Dry Wells Township was $339,450 in October 2024, up 33.9% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $253.5K$339.4K
+33.9%
4 --
N/A
5+ --
N/A

Summary: Dry Wells Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 33.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Dry Wells Township, NC

How many homes are available in Dry Wells Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1412-14.3%

Summary: The Dry Wells Township real estate market had 12 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1412
-14.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Dry Wells 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 decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dry Wells Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Dry Wells Township in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Dry Wells Township, NC

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

Average Sale Time

Sep 2024Oct 2024CHANGE
25 Days25 Days0.0%

Summary: Homes in Dry Wells Township had an average of 25 days on market in Oct 2024, the same as last month.

Breakdown of Home Sale Times

1 Home Was 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 Dry Wells Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Dry Wells 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 22 Days Ago

Newest Listings in Dry Wells Township, NC

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