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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunn Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Dunn Township has remained a Seller's Market.

Key Takeaway

Dunn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dunn Township, NC

How much do homes in Dunn Township, NC cost?

Median Sold Price

$289,562

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,397(-2.2%)

Key Takeaway

Homes in Dunn Township have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Dunn Township was $289,562 in October 2024, down 2.2% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $181.2K$115K
-36.6%
2 $159.9K$177.5K
+11.0%
3 $275K$285K
+3.6%
4 $398K$340K
-14.6%
5+ $404.6K$517.5K
+27.9%

Summary: Dunn Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.6%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes increased by 27.9%.

Median Sold Price Compared To Nearby Cities

Ferrells Township
+12.2%
Harris Township
+8.0%
Little River Township
-1.8%
Dunn Township
-2.2%

Housing Supply in Dunn Township, NC

How many homes are available in Dunn Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
164176+7.3%

Summary: The Dunn Township real estate market had 176 homes for sale in October 2024, a 7.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1215
+25.0%
3 116122
+5.2%
4 3233
+3.1%
5+ 45
+25.0%

Summary: The Dunn Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2132+52.4%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunn Township, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Dunn Township in October 2024, up by 52.4% month-over-month. Of the 32 sold homes, 53% were sold under asking, 41% were sold at asking, and 6% were sold over asking.

Days on Market for Dunn Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days56 Days-13.8%

Summary: Homes in Dunn Township had an average of 56 days on market in Oct 2024, down by 13.8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dunn Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 32 homes were sold in Dunn Township; 53% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 22% 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 Dunn Township, NC

Nearby Markets to Dunn Township, NC

What housing markets are near Dunn Township, NC?