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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moravian Falls Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Moravian Falls Township has remained a Buyer's Market.

Key Takeaway

Moravian Falls Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Moravian Falls Township, NC

How much do homes in Moravian Falls Township, NC cost?

Median Sold Price

$216,000

$198/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$4,000(+1.9%)

Key Takeaway

Homes in Moravian Falls Township have sold for 1.9% more than they did a month ago.

Summary: The median home sold price in Moravian Falls Township was $216,000 in November 2024, up 1.9% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$225K
N/A
2 $212K-
N/A
3 -$207K
N/A
4 --
N/A
5+ --
N/A

Summary: Moravian Falls Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Moravian Falls Township
+1.9%
Moravian Falls
+1.9%

Housing Supply in Moravian Falls Township, NC

How many homes are available in Moravian Falls Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1920+5.3%

Summary: The Moravian Falls Township real estate market had 20 homes for sale in November 2024, a 5.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 44
0.0%
3 99
0.0%
4 44
0.0%
5+ 22
0.0%

Summary: The Moravian Falls Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moravian Falls Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Moravian Falls Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Moravian Falls Township, NC

How long does it take to sell a home in Moravian Falls Township, NC?

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Moravian Falls Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Moravian Falls Township, NC

Nearby Markets to Moravian Falls Township, NC

What housing markets are near Moravian Falls Township, NC?