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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ingrams Township is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Ingrams 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 Ingrams Township, NC

How much do homes in Ingrams Township, NC cost?

Median Sold Price

$313,400

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,550(-5.0%)

Key Takeaway

Homes in Ingrams Township have sold for 5% less than they did a year ago.

Summary: The median home sold price in Ingrams Township was $313,400 in October 2024, down 5% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $227.5K$148.7K
-34.6%
3 $291.3K$310K
+6.4%
4 $395K$485K
+22.8%
5+ $395K$540K
+36.7%

Summary: Ingrams Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes increased by 36.7%.

Median Sold Price Compared To Nearby Cities

Smithfield Township
+6.4%
Four Oaks
+5.9%
Ingrams Township
-5.0%

Housing Supply in Ingrams Township, NC

How many homes are available in Ingrams Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2721-22.2%

Summary: The Ingrams Township real estate market had 21 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1813
-27.8%
4 54
-20.0%
5+ 11
0.0%

Summary: The Ingrams 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 remained the same, 3 bedroom homes decreased by 27.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 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 Ingrams Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ingrams Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Ingrams Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
116 Days78 Days-33.0%

Summary: Homes in Ingrams Township had an average of 78 days on market in Oct 2024, down by 33% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Ingrams Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 22 Days Ago

Newest Listings in Ingrams Township, NC

Nearby Markets to Ingrams Township, NC

What housing markets are near Ingrams Township, NC?