$3,859 Closing Credit*
$325,000
1,642 SqFt
3 Beds
•2 Full Baths
Diana S May, Katie Sokol, Listing Office: HomeTowne Realty
Is Micro Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Micro Township was a Seller's Market.
Key Takeaway
Micro 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 Micro Township, NC
How much do homes in Micro Township, NC cost?
Median Sold Price
$279,900
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$20,000(-6.7%)
Key Takeaway
Homes in Micro Township have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Micro Township was $279,900 in December 2024, down 6.7% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $176.4K | $234.9K | +33.2% |
| 3 Bedrooms | $299.9K | $285K | -5.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $145K | - | N/A |
Summary: Micro Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.2%, 3 bedroom homes decreased by 5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Kenly | $288.7K | $297.8K | +3.1% |
| Beulah Township | $302.4K | $306.2K | +1.3% |
| Micro Township | $299.9K | $279.9K | -6.7% |
Housing Supply in Micro Township, NC
How many homes are available in Micro Township, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 25 | 30 | +20.0% |
Summary: The Micro Township real estate market had 30 homes for sale in December 2024, a 20.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 23 | 27 | +17.4% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Micro Township housing inventory by bedroom type for December 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 17.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Micro Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Micro Township in December 2024, up by 25.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.
Days on Market for Micro Township, NC
How long does it take to sell a home in Micro Township, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 89 Days | 202 Days | +126.3% |
Summary: Homes in Micro Township had an average of 202 days on market in Dec 2024, up by 126.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Micro Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 5 homes were sold in Micro Township; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
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