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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Airy Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Mount Airy Township, NC

How much do homes in Mount Airy Township, NC cost?

Median Sold Price

$230,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+2.2%)

Key Takeaway

Homes in Mount Airy Township have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Mount Airy Township was $230,000 in October 2024, up 2.2% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170K$135K
-20.6%
2 $174.4K$182.5K
+4.6%
3 $228.9K$234.5K
+2.4%
4 $330K$385K
+16.7%
5+ $411.9K$309.9K
-24.8%

Summary: Mount Airy Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.6%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 24.8%.

Median Sold Price Compared To Nearby Cities

Stewarts Creek Township
+3.8%
Mount Airy Township
+2.2%
Mount Airy
+2.2%

Housing Supply in Mount Airy Township, NC

How many homes are available in Mount Airy Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
121123+1.7%

Summary: The Mount Airy Township real estate market had 123 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 2736
+33.3%
3 7367
-8.2%
4 1412
-14.3%
5+ 57
+40.0%

Summary: The Mount Airy Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2321-8.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Airy Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Mount Airy Township in October 2024, down by 8.7% month-over-month. Of the 21 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.

Days on Market for Mount Airy Township, NC

How long does it take to sell a home in Mount Airy Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days37 Days+21.0%

Summary: Homes in Mount Airy Township had an average of 37 days on market in Oct 2024, up by 21% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 21 homes were sold in Mount Airy Township; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

Newest Listings in Mount Airy Township, NC

Nearby Markets to Mount Airy Township, NC

What housing markets are near Mount Airy Township, NC?