$4,511 Closing Credit*
$379,900
1,712 SqFt
3 Beds
•2 Full Baths
#100476253, Listing Office: The Rich Company
Is Long Acre 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, Long Acre Township was a Seller's Market.
Key Takeaway
Long Acre Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Long Acre Township, NC
How much do homes in Long Acre Township, NC cost?
Median Sold Price
$307,500
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$56,500(+22.5%)
Key Takeaway
Homes in Long Acre Township have sold for 22.5% more than they did a year ago.
Summary: The median home sold price in Long Acre Township was $307,500 in October 2024, up 22.5% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $119K | N/A |
| 2 Bedrooms | $220.2K | $166.5K | -24.4% |
| 3 Bedrooms | $247K | $276.5K | +11.9% |
| 4 Bedrooms | $400K | $325K | -18.8% |
| 5+ Bedrooms | - | $310K | N/A |
Summary: Long Acre 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 24.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Long Acre Township | $251K | $307.5K | +22.5% |
| Bath Township | $355K | $410K | +15.5% |
| Washington | $242K | $275K | +13.6% |
Housing Supply in Long Acre Township, NC
How many homes are available in Long Acre Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 40 | +11.1% |
Summary: The Long Acre Township real estate market had 40 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Long Acre 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 increased by 33.3%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Long Acre Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Long Acre Township in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Long Acre Township, NC
How long does it take to sell a home in Long Acre Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 54 Days | +440.0% |
Summary: Homes in Long Acre Township had an average of 54 days on market in Oct 2024, up by 440% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Long Acre Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Long Acre Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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