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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edneyville Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Edneyville Township, NC

How much do homes in Edneyville Township, NC cost?

Median Sold Price

$389,900

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$42,600(-9.8%)

Key Takeaway

Homes in Edneyville Township have sold for 9.8% less than they did a year ago.

Summary: The median home sold price in Edneyville Township was $389,900 in October 2024, down 9.8% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $592.5K$253K
-57.3%
2 $319K$386K
+21.0%
3 $432.5K$387K
-10.5%
4 $740.5K$479K
-35.3%
5+ $1.3M$850K
-37.9%

Summary: Edneyville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.3%, 2 bedroom homes increased by 21%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes decreased by 37.9%.

Median Sold Price Compared To Nearby Cities

Clear Creek Township
+23.4%
Fairview
+3.0%
Edneyville Township
-9.8%

Housing Supply in Edneyville Township, NC

How many homes are available in Edneyville Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2526+4.0%

Summary: The Edneyville Township real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 43
-25.0%
3 1618
+12.5%
4 34
+33.3%
5+ 00
0.0%

Summary: The Edneyville Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edneyville Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Edneyville Township in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Edneyville Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days54 Days+48.4%

Summary: Homes in Edneyville Township had an average of 54 days on market in Oct 2024, up by 48.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Edneyville Township; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 20 Days Ago

Newest Listings in Edneyville Township, NC

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