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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Indian Springs Township is a neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Indian Springs 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 Indian Springs Township, NC

How much do homes in Indian Springs Township, NC cost?

Median Sold Price

$250,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,000(+4.2%)

Key Takeaway

Homes in Indian Springs Township have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Indian Springs Township was $250,000 in December 2024, up 4.2% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$375K
N/A
3 $240K$245K
+2.1%
4 $305K-
N/A
5+ -$535K
N/A

Summary: Indian Springs Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Hope Township
+14.1%
Indian Springs Township
+4.2%
Brogden Township
-1.1%

Housing Supply in Indian Springs Township, NC

How many homes are available in Indian Springs Township, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
76-14.3%

Summary: The Indian Springs Township real estate market had 6 homes for sale in December 2024, a 14.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Indian Springs Township housing inventory by bedroom type for December 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Indian Springs Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Indian Springs Township in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Indian Springs Township, NC

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

Average Sale Time

Dec 2023Dec 2024CHANGE
19 Days4 Days-78.9%

Summary: Homes in Indian Springs Township had an average of 4 days on market in Dec 2024, down by 78.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 1 homes were sold in Indian Springs Township; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in Indian Springs Township, NC

Nearby Markets to Indian Springs Township, NC

What housing markets are near Indian Springs Township, NC?