$4,026 Closing Credit*
$339,000
2,025 SqFt
4 Beds
•2 Full Baths
Farren Shoaf, Listing Office: Total Real Estate, LLC
Is Mocksville Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Mocksville Township was a Seller's Market.
Key Takeaway
Mocksville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mocksville Township, NC
How much do homes in Mocksville Township, NC cost?
Median Sold Price
$282,491
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,804(+8.0%)
Key Takeaway
Homes in Mocksville Township have sold for 8% more than they did a year ago.
Summary: The median home sold price in Mocksville Township was $282,491 in November 2024, up 8% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142.5K | $112.5K | -21.1% |
| 2 Bedrooms | $160K | $179.9K | +12.4% |
| 3 Bedrooms | $260.4K | $267.9K | +2.9% |
| 4 Bedrooms | $308K | $325K | +5.5% |
| 5+ Bedrooms | $307.4K | $440K | +43.1% |
Summary: Mocksville Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 43.1%.
Median Sold Price Compared To Nearby Cities
| Farmington Township | $353.7K | $430K | +21.6% |
| Mocksville Township | $261.6K | $282.4K | +8.0% |
| Mocksville | $261.5K | $282.4K | +8.0% |
| Shady Grove Township | $408.5K | $439.9K | +7.7% |
Housing Supply in Mocksville Township, NC
How many homes are available in Mocksville Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 98 | 91 | -7.1% |
Summary: The Mocksville Township real estate market had 91 homes for sale in November 2024, a 7.1% 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 | 9 | 11 | +22.2% |
| 3 Bedrooms | 59 | 53 | -10.2% |
| 4 Bedrooms | 24 | 18 | -25.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Mocksville 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 22.2%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 10 | -63.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mocksville Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Mocksville Township in November 2024, down by 63.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Mocksville Township, NC
How long does it take to sell a home in Mocksville Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 76 Days | +274.7% |
Summary: Homes in Mocksville Township had an average of 76 days on market in Nov 2024, up by 274.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mocksville Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Mocksville Township; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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