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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Emmons Township is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Emmons Township, NC

How much do homes in Emmons Township, NC cost?

Median Sold Price

$232,500

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,010(+5.9%)

Key Takeaway

Homes in Emmons Township have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Emmons Township was $232,500 in November 2024, up 5.9% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $40K$625K
+1462.5%
2 $138.5K$257.5K
+85.9%
3 $215.6K$225.9K
+4.8%
4 $254.4K$260K
+2.2%
5+ --
N/A

Summary: Emmons Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1462.5%, 2 bedroom homes increased by 85.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tabernacle Township
+17.3%
Silver Hill Township
+12.6%
Emmons Township
+5.9%
Concord Township
+5.7%
Denton
-2.3%

Housing Supply in Emmons Township, NC

How many homes are available in Emmons Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3635-2.8%

Summary: The Emmons Township real estate market had 35 homes for sale in November 2024, a 2.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 1212
0.0%
4 2018
-10.0%
5+ 00
0.0%

Summary: The Emmons 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Emmons Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Emmons Township in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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

Nov 2023Nov 2024CHANGE
25 Days35 Days+38.0%

Summary: Homes in Emmons Township had an average of 35 days on market in Nov 2024, up by 38% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Emmons Township has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Emmons Township; 33% of homes were sold within 30 days, 67% 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 20 Days Ago

Newest Listings in Emmons Township, NC

Nearby Markets to Emmons Township, NC

What housing markets are near Emmons Township, NC?