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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lees Mill Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lees Mill Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lees Mill Township, NC

How much do homes in Lees Mill Township, NC cost?

Median Sold Price

$342,000

$125/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$237,000(+225.7%)

Key Takeaway

Homes in Lees Mill Township have sold for 225.7% more than they did a month ago.

Summary: The median home sold price in Lees Mill Township was $342,000 in October 2024, up 225.7% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $105K$342K
+225.7%
4 --
N/A
5+ --
N/A

Summary: Lees Mill Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 225.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Roper
+426.2%
Lees Mill Township
+225.7%

Housing Supply in Lees Mill Township, NC

How many homes are available in Lees Mill Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The Lees Mill Township real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 53
-40.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Lees Mill 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 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lees Mill Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lees Mill Township in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lees Mill Township, NC

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

Average Sale Time

Sep 2024Oct 2024CHANGE
57 Days110 Days+92.2%

Summary: Homes in Lees Mill Township had an average of 110 days on market in Oct 2024, up by 92.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lees Mill Township has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Lees Mill Township; 0% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Lees Mill Township, NC

Nearby Markets to Lees Mill Township, NC