Is Mocksville Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mocksville Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Mocksville Township has remained a Seller's Market.

Key Takeaway

Mocksville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mocksville Township, NC

How much do homes in Mocksville Township, NC cost?

Median Sold Price

$281,990

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,990(+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 $281,990 in October 2024, up 8% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $135K$121.2K
-10.2%
2 $169K$181.8K
+7.6%
3 $255K$280K
+9.8%
4 $316.7K$316K
-0.2%
5+ $378.7K$440K
+16.2%

Summary: Mocksville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 16.2%.

Median Sold Price Compared To Nearby Cities

Farmington Township
+25.9%
Shady Grove Township
+12.3%
Mocksville Township
+8.0%
Mocksville
+8.0%
Calahaln Township
-17.4%

Housing Supply in Mocksville Township, NC

How many homes are available in Mocksville Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
113103-8.8%

Summary: The Mocksville Township real estate market had 103 homes for sale in October 2024, a 8.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 119
-18.2%
3 6961
-11.6%
4 2524
-4.0%
5+ 89
+12.5%

Summary: The Mocksville Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2624-7.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mocksville Township, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Mocksville Township in October 2024, down by 7.7% month-over-month. Of the 24 sold homes, 54% were sold under asking, 17% were sold at asking, and 29% 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

Oct 2023Oct 2024CHANGE
20 Days30 Days+48.0%

Summary: Homes in Mocksville Township had an average of 30 days on market in Oct 2024, up by 48% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mocksville Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in Mocksville Township; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Mocksville Township, NC

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What housing markets are near Mocksville Township, NC?