$3,563 Closing Credit*
$300,000
2,311 SqFt
4 Beds
•2 Full Baths, 1 Partial
Mandy Moultrie, Listing Office: Berkshire Hathaway HomeService
Is Duke 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, Duke Township has remained a Seller's Market.
Key Takeaway
Duke Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Duke Township, NC
How much do homes in Duke Township, NC cost?
Median Sold Price
$230,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,500(+13.6%)
Key Takeaway
Homes in Duke Township have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Duke Township was $230,000 in October 2024, up 13.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.5K | - | N/A |
| 2 Bedrooms | $155.2K | $165K | +6.3% |
| 3 Bedrooms | $225K | $239K | +6.2% |
| 4 Bedrooms | $300K | $269.9K | -10.0% |
| 5+ Bedrooms | $398.6K | - | N/A |
Summary: Duke 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 increased by 6.3%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Duke Township | $202.5K | $230K | +13.6% |
| Dunn | $250K | $265K | +6.0% |
| Dunn | $250K | $264K | +5.6% |
| Erwin | $239.5K | $250K | +4.4% |
| Averasboro Township | $230K | $232K | +0.9% |
Housing Supply in Duke Township, NC
How many homes are available in Duke Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 37 | +19.4% |
Summary: The Duke Township real estate market had 37 homes for sale in October 2024, a 19.4% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Duke 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 increased by 50%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Duke 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 Duke Township in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 88 Days | 31 Days | -64.6% |
Summary: Homes in Duke Township had an average of 31 days on market in Oct 2024, down by 64.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Duke Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Duke 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.
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