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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Healing Spring Township is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Healing Spring Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Healing Spring Township, NC

How much do homes in Healing Spring Township, NC cost?

Median Sold Price

$415,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,000(-4.6%)

Key Takeaway

Homes in Healing Spring Township have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in Healing Spring Township was $415,000 in November 2024, down 4.6% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$115K
N/A
2 $342.4K$539K
+57.4%
3 $545K$422.5K
-22.5%
4 $564.2K$285.9K
-49.3%
5+ -$434K
N/A

Summary: Healing Spring 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 57.4%, 3 bedroom homes decreased by 22.5%, 4 bedroom homes decreased by 49.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Silver Hill Township
+12.6%
Emmons Township
+5.9%
Denton
-2.3%
Healing Spring Township
-4.6%

Housing Supply in Healing Spring Township, NC

How many homes are available in Healing Spring Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2024+20.0%

Summary: The Healing Spring Township real estate market had 24 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 910
+11.1%
4 1113
+18.2%
5+ 00
0.0%

Summary: The Healing Spring 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 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Healing Spring Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Healing Spring Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Healing Spring Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days104 Days+292.9%

Summary: Homes in Healing Spring Township had an average of 104 days on market in Nov 2024, up by 292.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Healing Spring Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Healing Spring Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 Healing Spring Township, NC

Nearby Markets to Healing Spring Township, NC

What housing markets are near Healing Spring Township, NC?