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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duke Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Duke Township was a Seller's Market.

Key Takeaway

Duke Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Duke Township, NC

How much do homes in Duke Township, NC cost?

Median Sold Price

$239,900

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,900(+10.6%)

Key Takeaway

Homes in Duke Township have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Duke Township was $239,900 in November 2024, up 10.6% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $112.5K-
N/A
2 $155.2K$167.5K
+7.9%
3 $230K$239K
+3.9%
4 $299.6K$269.9K
-9.9%
5+ $305.3K-
N/A

Summary: Duke 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 increased by 7.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Duke Township
+10.6%
Dunn
+2.3%
Dunn
+1.5%
Erwin
-1.9%
Averasboro Township
-4.5%

Housing Supply in Duke Township, NC

How many homes are available in Duke Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3837-2.6%

Summary: The Duke Township real estate market had 37 homes for sale in November 2024, a 2.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 2321
-8.7%
4 1010
0.0%
5+ 11
0.0%

Summary: The Duke 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 25%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Duke Township in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Duke Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
61 Days18 Days-69.9%

Summary: Homes in Duke Township had an average of 18 days on market in Nov 2024, down by 69.9% compared to last year.

Breakdown of Home Sale Times

3 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 Duke Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Duke Township; 75% of homes were sold within 30 days, 25% 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 17 Days Ago

Newest Listings in Duke Township, NC

Nearby Markets to Duke Township, NC

What housing markets are near Duke Township, NC?