$4,400,000
Land
Listing Office: Cross Country Properties
Is Emmons 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, Emmons Township has remained a Seller's Market.
Key Takeaway
Emmons Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Emmons Township, NC
How much do homes in Emmons Township, NC cost?
Median Sold Price
$228,995
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,995(+4.1%)
Key Takeaway
Homes in Emmons Township have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Emmons Township was $228,995 in October 2024, up 4.1% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | $625K | +1462.5% |
| 2 Bedrooms | $150K | $257.5K | +71.7% |
| 3 Bedrooms | $217.9K | $225.4K | +3.5% |
| 4 Bedrooms | $254K | $260K | +2.4% |
| 5+ Bedrooms | $169.5K | - | N/A |
Summary: Emmons Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1462.5%, 2 bedroom homes increased by 71.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Silver Hill Township | $298.8K | $339.1K | +13.5% |
| Tabernacle Township | $300K | $340K | +13.3% |
| Concord Township | $359.4K | $375.3K | +4.4% |
| Emmons Township | $220K | $228.9K | +4.1% |
| Denton | $250K | $249K | -0.4% |
Housing Supply in Emmons Township, NC
How many homes are available in Emmons Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 37 | -15.9% |
Summary: The Emmons Township real estate market had 37 homes for sale in October 2024, a 15.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Emmons 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 decreased by 28.6%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Emmons Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Emmons Township in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Emmons Township, NC
How long does it take to sell a home in Emmons Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 39 Days | +44.2% |
Summary: Homes in Emmons Township had an average of 39 days on market in Oct 2024, up by 44.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Emmons Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Emmons Township; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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