$9,251 Closing Credit*
$779,000
2,823 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100480410, Listing Office: Discover NC Homes
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 November 2023
Since last year, Lockwoods Folly Township has remained a Neutral Market.
Key Takeaway
Lockwoods Folly 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 Lockwoods Folly Township, NC
How much do homes in Lockwoods Folly Township, NC cost?
Median Sold Price
$449,767
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,300(+2.8%)
Key Takeaway
Homes in Lockwoods Folly Township have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Lockwoods Folly Township was $449,767 in November 2024, up 2.8% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212K | $143K | -32.5% |
| 2 Bedrooms | $295K | $260K | -11.9% |
| 3 Bedrooms | $435K | $435K | 0.0% |
| 4 Bedrooms | $600K | $645K | +7.5% |
| 5+ Bedrooms | $1.1M | $1.3M | +17.9% |
Summary: Lockwoods Folly Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.5%, 2 bedroom homes decreased by 11.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 17.9%.
Median Sold Price Compared To Nearby Cities
| Supply | $479.5K | $551.4K | +15.0% |
| Holden Beach | $840K | $962.5K | +14.6% |
| Lockwoods Folly Township | $437.4K | $449.7K | +2.8% |
| Shallotte | $335K | $324.9K | -3.0% |
Housing Supply in Lockwoods Folly Township, NC
How many homes are available in Lockwoods Folly Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 520 | 508 | -2.3% |
Summary: The Lockwoods Folly Township real estate market had 508 homes for sale in November 2024, a 2.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 35 | 34 | -2.9% |
| 3 Bedrooms | 286 | 281 | -1.7% |
| 4 Bedrooms | 172 | 168 | -2.3% |
| 5+ Bedrooms | 26 | 25 | -3.8% |
Summary: The Lockwoods Folly Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 74 | +4.2% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lockwoods Folly Township, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
Summary: A total of 74 homes were sold or pending in Lockwoods Folly Township in November 2024, up by 4.2% month-over-month. Of the 74 sold homes, 54% were sold under asking, 35% were sold at asking, and 11% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 73 Days | +52.0% |
Summary: Homes in Lockwoods Folly Township had an average of 73 days on market in Nov 2024, up by 52% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
24 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 November 2024, 74 homes were sold in Lockwoods Folly Township; 35% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
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