Is New Bethel Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, New Bethel Township has remained a Seller's Market.
Housing Prices in New Bethel Township, NC
How much do homes in New Bethel Township, NC cost?
Median Sold Price
$425,460
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in New Bethel Township was $425,460 in May 2024, up 8.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145.5K | $244.7K | +68.2% |
2 Bedrooms | $206K | $225K | +9.2% |
3 Bedrooms | $362.1K | $412.5K | +13.9% |
4 Bedrooms | $450K | $493.6K | +9.7% |
5+ Bedrooms | $375K | - | N/A |
Summary: New Bethel Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.2%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Wentworth Township | $234K | $270K | +15.4% |
New Bethel Township | $392.9K | $425.4K | +8.3% |
Stokesdale | $440K | $464.9K | +5.7% |
Huntsville Township | $295K | $305K | +3.4% |
Simpsonville Township | $388K | $395K | +1.8% |
Housing Supply in New Bethel Township, NC
How many homes are available in New Bethel Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Summary: The New Bethel Township real estate market had 23 homes for sale in May 2024, a 15.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 17 | 16 | -5.9% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Bethel Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in New Bethel Township in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
158 Days | 21 Days | -86.5% |
Summary: Homes in New Bethel Township had an average of 21 days on market in May 2024, down by 86.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in New Bethel Township; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.