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 December 2023

At the same time last year, Ingrams Township was a Buyer'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

$314,900

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$15,100(-4.6%)

Key Takeaway

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

Summary: The median home sold price in Ingrams Township was $314,900 in December 2024, down 4.6% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $220K$195K
-11.4%
3 $289.7K$310K
+7.0%
4 $395K$417.5K
+5.7%
5+ -$540K
N/A

Summary: Ingrams 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 decreased by 11.4%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Four Oaks
+6.2%
Smithfield Township
+4.0%
Ingrams Township
-4.6%

Housing Supply in Ingrams Township, NC

How many homes are available in Ingrams Township, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2524-4.0%

Summary: The Ingrams Township real estate market had 24 homes for sale in December 2024, a 4.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1515
0.0%
4 76
-14.3%
5+ 22
0.0%

Summary: The Ingrams 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 remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Ingrams Township in December 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% 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

Dec 2023Dec 2024CHANGE
138 Days134 Days-2.5%

Summary: Homes in Ingrams Township had an average of 134 days on market in Dec 2024, down by 2.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 4 homes were sold in Ingrams Township; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% 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 Ingrams Township, NC

Nearby Markets to Ingrams Township, NC

What housing markets are near Ingrams Township, NC?