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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mulberry Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Mulberry Township was a Buyer's Market.

Key Takeaway

Mulberry Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mulberry Township, NC

How much do homes in Mulberry Township, NC cost?

Median Sold Price

$205,000

$138/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$50,250(+32.5%)

Key Takeaway

Homes in Mulberry Township have sold for 32.5% more than they did a month ago.

Summary: The median home sold price in Mulberry Township was $205,000 in November 2024, up 32.5% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $46.5K-
N/A
3 $263K$205K
-22.1%
4 --
N/A
5+ --
N/A

Summary: Mulberry 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 decreased by 22.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union Township
+55.7%
Mulberry Township
+32.5%

Housing Supply in Mulberry Township, NC

How many homes are available in Mulberry Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
21210.0%

Summary: The Mulberry Township real estate market had 21 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1516
+6.7%
4 33
0.0%
5+ 00
0.0%

Summary: The Mulberry 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 33.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mulberry Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Mulberry Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mulberry Township, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
62 Days65 Days+4.0%

Summary: Homes in Mulberry Township had an average of 65 days on market in Nov 2024, up by 4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Mulberry Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 Mulberry Township, NC

Nearby Markets to Mulberry Township, NC

What housing markets are near Mulberry Township, NC?