$250,000
4.51 Acres
Land
William Benge, Listing Office: Realty One Group Results Reidsville
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 October 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
$420,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,780(+3.6%)
Key Takeaway
Homes in New Bethel Township have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in New Bethel Township was $420,000 in October 2024, up 3.6% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | - | N/A |
| 2 Bedrooms | $206K | $256.5K | +24.5% |
| 3 Bedrooms | $385K | $407.2K | +5.8% |
| 4 Bedrooms | $475K | $565.9K | +19.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: New Bethel Township housing prices by bedroom type for October 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 5.8%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Stokesdale | $433.7K | $475K | +9.5% |
| New Bethel Township | $405.2K | $420K | +3.6% |
| Wentworth Township | $259.4K | $265K | +2.2% |
| Huntsville Township | $304.5K | $308.4K | +1.3% |
| Simpsonville Township | $394.5K | $392.4K | -0.5% |
Housing Supply in New Bethel Township, NC
How many homes are available in New Bethel Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Summary: The New Bethel Township real estate market had 21 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Bethel Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Bethel Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in New Bethel Township in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 70 Days | +867.8% |
Summary: Homes in New Bethel Township had an average of 70 days on market in Oct 2024, up by 867.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Bethel Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in New Bethel Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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