$10,000 Closing Credit*
$974,900
1,606 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Landmark Sotheby's Intl Realty
Is Lockwoods Folly Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lockwoods Folly Township was a Seller's Market.
Key Takeaway
Lockwoods Folly Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lockwoods Folly Township, NC
How much do homes in Lockwoods Folly Township, NC cost?
Median Sold Price
$451,778
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,157(+4.9%)
Key Takeaway
Homes in Lockwoods Folly Township have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Lockwoods Folly Township was $451,778 in October 2024, up 4.9% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $177K | $177.5K | 0.3% |
| 2 Bedrooms | $272.5K | $260K | -4.6% |
| 3 Bedrooms | $424.7K | $435K | +2.4% |
| 4 Bedrooms | $600K | $650K | +8.3% |
| 5+ Bedrooms | $1.2M | $1.3M | +3.5% |
Summary: Lockwoods Folly Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Supply | $484.5K | $515.6K | +6.4% |
| Holden Beach | $846K | $900K | +6.4% |
| Lockwoods Folly Township | $430.6K | $451.7K | +4.9% |
| Shallotte | $335K | $322.9K | -3.6% |
Housing Supply in Lockwoods Folly Township, NC
How many homes are available in Lockwoods Folly Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 521 | 515 | -1.2% |
Summary: The Lockwoods Folly Township real estate market had 515 homes for sale in October 2024, a 1.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 31 | 30 | -3.2% |
| 3 Bedrooms | 294 | 279 | -5.1% |
| 4 Bedrooms | 173 | 177 | +2.3% |
| 5+ Bedrooms | 21 | 28 | +33.3% |
Summary: The Lockwoods Folly Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 69 | -6.8% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lockwoods Folly Township, you may be able to get a good deal. 62.3% of homes here sold below asking price last month.
Summary: A total of 69 homes were sold or pending in Lockwoods Folly Township in October 2024, down by 6.8% month-over-month. Of the 69 sold homes, 62% were sold under asking, 36% were sold at asking, and 1% were sold over asking.
Days on Market for Lockwoods Folly Township, NC
How long does it take to sell a home in Lockwoods Folly Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 81 Days | +70.9% |
Summary: Homes in Lockwoods Folly Township had an average of 81 days on market in Oct 2024, up by 70.9% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lockwoods Folly Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 69 homes were sold in Lockwoods Folly Township; 42% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.