$2,316 Closing Credit*
$195,000
1,050 SqFt
3 Beds
•1 Full Bath, 1 Partial
BARBARA EVANS, JENIFER MANTOUX, Listing Office: EXP REALTY LLC
Is Manchester 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, Manchester Township has remained a Seller's Market.
Key Takeaway
Manchester Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manchester Township, NC
How much do homes in Manchester Township, NC cost?
Median Sold Price
$195,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$33,000(+20.4%)
Key Takeaway
Homes in Manchester Township have sold for 20.4% more than they did a year ago.
Summary: The median home sold price in Manchester Township was $195,000 in November 2024, up 20.4% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $70K | $153K | +118.6% |
| 3 Bedrooms | $163.7K | $180.5K | +10.2% |
| 4 Bedrooms | $176.9K | $245.7K | +38.9% |
| 5+ Bedrooms | $330K | $218.5K | -33.8% |
Summary: Manchester Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 118.6%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes decreased by 33.8%.
Median Sold Price Compared To Nearby Cities
| Manchester Township | $162K | $195K | +20.4% |
| Spring Lake | $302.6K | $304.9K | +0.7% |
| Spring Lake | $302.5K | $299.9K | -0.8% |
Housing Supply in Manchester Township, NC
How many homes are available in Manchester Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 30 | +30.4% |
Summary: The Manchester Township real estate market had 30 homes for sale in November 2024, a 30.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 15 | 20 | +33.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Manchester Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Manchester Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Manchester Township in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Manchester Township, NC
How long does it take to sell a home in Manchester Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 62 Days | +346.4% |
Summary: Homes in Manchester Township had an average of 62 days on market in Nov 2024, up by 346.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manchester Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Manchester Township; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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