$3,325 Closing Credit*
$280,000
1,444 SqFt
3 Beds
•3 Full Baths
Dawn Brenengen, Listing Office: Trailwood Realty, LLC
Is Meredith 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, Meredith Township has remained a Seller's Market.
Key Takeaway
Meredith Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meredith Township, NC
How much do homes in Meredith Township, NC cost?
Median Sold Price
$578,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,000(+0.2%)
Key Takeaway
The sold price of homes in Meredith Township has remained the same since last year.
Summary: The median home sold price in Meredith Township was $578,000 in November 2024, up 0.2% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $239K | +16.6% |
| 2 Bedrooms | $310K | $336K | +8.4% |
| 3 Bedrooms | $503.5K | $580K | +15.2% |
| 4 Bedrooms | $770K | $695K | -9.7% |
| 5+ Bedrooms | $1.2M | $1.2M | -1.4% |
Summary: Meredith Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.6%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
| Cary Township | $568.5K | $614.4K | +8.1% |
| Raleigh Township | $416.4K | $449.1K | +7.9% |
| Raleigh | $416.2K | $448.4K | +7.7% |
| House Creek Township | $430K | $437.5K | +1.8% |
| Meredith Township | $577K | $578K | 0.2% |
Housing Supply in Meredith Township, NC
How many homes are available in Meredith Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 53 | -11.7% |
Summary: The Meredith Township real estate market had 53 homes for sale in November 2024, a 11.7% 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 | 11 | 9 | -18.2% |
| 3 Bedrooms | 24 | 26 | +8.3% |
| 4 Bedrooms | 21 | 14 | -33.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Meredith 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 18.2%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Meredith Township, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Meredith Township in November 2024, down by 13.3% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for Meredith Township, NC
How long does it take to sell a home in Meredith Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 32 Days | -31.8% |
Summary: Homes in Meredith Township had an average of 32 days on market in Nov 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Meredith Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Meredith Township; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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