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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Castle Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, New Castle Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in New Castle Township, NC

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

Median Sold Price

$850,000

$253/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$577,500(+211.9%)

Key Takeaway

Homes in New Castle Township have sold for 211.9% more than they did a month ago.

Summary: The median home sold price in New Castle Township was $850,000 in September 2024, up 211.9% from last month, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $272.5K-
N/A
3 -$850K
N/A
4 --
N/A
5+ --
N/A

Summary: New Castle Township housing prices by bedroom type for September 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in New Castle Township, NC

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
31-66.7%

Summary: The New Castle Township real estate market had 1 homes for sale in September 2024, a 66.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The New Castle Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 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 Castle Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in New Castle Township in September 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for New Castle Township, NC

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

Average Sale Time

Aug 2024Sep 2024CHANGE
5 Days87 Days+1640.0%

Summary: Homes in New Castle Township had an average of 87 days on market in Sep 2024, up by 1640% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in New Castle Township has remained consistent over time.

Summary: During September 2024, 1 homes were sold in New Castle Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 Sep 1, 2024

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