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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haw River Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Haw River Township, NC

How much do homes in Haw River Township, NC cost?

Median Sold Price

$342,380

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,890(+5.2%)

Key Takeaway

Homes in Haw River Township have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in Haw River Township was $342,380 in November 2024, up 5.2% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $160K-
N/A
2 $185K$212.5K
+14.9%
3 $284.9K$279.9K
-1.8%
4 $360K$352K
-2.2%
5+ $363.4K$383.1K
+5.4%

Summary: Haw River Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.9%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Cities

New Hill
+6.9%
Haw River Township
+5.2%
Center Township
-1.2%
Moncure
-23.7%

Housing Supply in Haw River Township, NC

How many homes are available in Haw River Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9077-14.4%

Summary: The Haw River Township real estate market had 77 homes for sale in November 2024, a 14.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2015
-25.0%
4 5347
-11.3%
5+ 108
-20.0%

Summary: The Haw River 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2315-34.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Haw River Township, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Haw River Township in November 2024, down by 34.8% month-over-month. Of the 15 sold homes, 53% were sold under asking, 40% were sold at asking, and 7% were sold over asking.

Days on Market for Haw River Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
87 Days52 Days-40.0%

Summary: Homes in Haw River Township had an average of 52 days on market in Nov 2024, down by 40% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 15 homes were sold in Haw River Township; 13% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 13% 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 Haw River Township, NC

Nearby Markets to Haw River Township, NC

What housing markets are near Haw River Township, NC?