$4,155 Closing Credit*
$349,900
2,450 SqFt
3 Beds
•2 Full Baths
Chris Robinson, Listing Office: Coldwell Banker Advantage
Is Midway 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, Midway Township has remained a Seller's Market.
Key Takeaway
Midway Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Midway Township, NC
How much do homes in Midway Township, NC cost?
Median Sold Price
$360,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,000(+2.6%)
Key Takeaway
Homes in Midway Township have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Midway Township was $360,000 in November 2024, up 2.6% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $95K | N/A |
| 2 Bedrooms | $193K | $238K | +23.3% |
| 3 Bedrooms | $303K | $317.4K | +4.8% |
| 4 Bedrooms | $465.9K | $468.5K | +0.6% |
| 5+ Bedrooms | $824.2K | $605K | -26.6% |
Summary: Midway 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 23.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 26.6%.
Median Sold Price Compared To Nearby Cities
| Thomasville Township | $235K | $250K | +6.4% |
| Midway | $286.1K | $298K | +4.1% |
| Midway Township | $351K | $360K | +2.6% |
| Abbotts Creek Township | $310K | $310K | 0.0% |
Housing Supply in Midway Township, NC
How many homes are available in Midway Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 34 | -12.8% |
Summary: The Midway Township real estate market had 34 homes for sale in November 2024, a 12.8% 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 | 5 | 4 | -20.0% |
| 3 Bedrooms | 23 | 23 | 0.0% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Midway 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
9 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 Midway Township, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Midway Township in November 2024, up by 40.0% month-over-month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.
Days on Market for Midway Township, NC
How long does it take to sell a home in Midway Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 20 Days | +72.0% |
Summary: Homes in Midway Township had an average of 20 days on market in Nov 2024, up by 72% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Midway Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Midway Township; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.