$125,000
0.84 Acres
Land
Pandora S Pearson, Chelsea Pearson, Listing Office: Smith Pearson Realty
Is McLauchlin 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, McLauchlin Township has remained a Seller's Market.
Key Takeaway
McLauchlin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in McLauchlin Township, NC
How much do homes in McLauchlin Township, NC cost?
Median Sold Price
$290,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,600(-0.5%)
Key Takeaway
Homes in McLauchlin Township have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in McLauchlin Township was $290,000 in November 2024, down 0.5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.5K | $136K | -24.2% |
| 3 Bedrooms | $255.1K | $271.3K | +6.3% |
| 4 Bedrooms | $335.8K | $337.6K | 0.5% |
| 5+ Bedrooms | $390K | $412.5K | +5.8% |
Summary: McLauchlin 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 decreased by 24.2%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Seventy-First Township | $209.6K | $224.5K | +7.1% |
| Stonewall Township | $295K | $309.8K | +5.0% |
| Rockfish Township | $250K | $255.6K | +2.3% |
| Raeford Township | $289.8K | $289.9K | 0.1% |
| McLauchlin Township | $291.6K | $290K | -0.5% |
Housing Supply in McLauchlin Township, NC
How many homes are available in McLauchlin Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 191 | 166 | -13.1% |
Summary: The McLauchlin Township real estate market had 166 homes for sale in November 2024, a 13.1% decrease 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 | 1 | 0.0% |
| 3 Bedrooms | 111 | 93 | -16.2% |
| 4 Bedrooms | 66 | 60 | -9.1% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The McLauchlin 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 remained the same, 3 bedroom homes decreased by 16.2%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 33 | -34.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McLauchlin Township, you may be able to get a good deal. 48.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in McLauchlin Township in November 2024, down by 34.0% month-over-month. Of the 33 sold homes, 48% were sold under asking, 42% were sold at asking, and 9% were sold over asking.
Days on Market for McLauchlin Township, NC
How long does it take to sell a home in McLauchlin Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 47 Days | +136.3% |
Summary: Homes in McLauchlin Township had an average of 47 days on market in Nov 2024, up by 136.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in McLauchlin Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 33 homes were sold in McLauchlin Township; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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