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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Bethel Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in New Bethel Township, NC

How much do homes in New Bethel Township, NC cost?

Median Sold Price

$412,500

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,420(-1.3%)

Key Takeaway

Homes in New Bethel Township have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in New Bethel Township was $412,500 in November 2024, down 1.3% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $212.5K-
N/A
2 $206K$256.5K
+24.5%
3 $399.2K$407.2K
+2.0%
4 $475K$590K
+24.2%
5+ --
N/A

Summary: New Bethel Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.5%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stokesdale
+8.3%
Huntsville Township
+7.7%
Wentworth Township
+1.9%
New Bethel Township
-1.3%
Simpsonville Township
-6.3%

Housing Supply in New Bethel Township, NC

How many homes are available in New Bethel Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1916-15.8%

Summary: The New Bethel Township real estate market had 16 homes for sale in November 2024, a 15.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 128
-33.3%
4 77
0.0%
5+ 01
+100.0%

Summary: The New Bethel 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

2 Homes Were 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 New Bethel Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in New Bethel Township in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for New Bethel Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days120 Days+1189.3%

Summary: Homes in New Bethel Township had an average of 120 days on market in Nov 2024, up by 1189.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in New Bethel Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in New Bethel Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 21 Days Ago

Newest Listings in New Bethel Township, NC

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What housing markets are near New Bethel Township, NC?