$4,155 Closing Credit*
$349,900
2,280 SqFt
4 Beds
•2 Full Baths
Stephanie Staton, Listing Office: KW Realty Platinum
Is New Hope 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 Hope Township has remained a Seller's Market.
Key Takeaway
New Hope Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Hope Township, NC
How much do homes in New Hope Township, NC cost?
Median Sold Price
$286,500
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,550(+9.0%)
Key Takeaway
Homes in New Hope Township have sold for 9% more than they did a year ago.
Summary: The median home sold price in New Hope Township was $286,500 in October 2024, up 9% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $286.5K | N/A |
| 2 Bedrooms | - | $245K | N/A |
| 3 Bedrooms | $234.9K | $250K | +6.4% |
| 4 Bedrooms | $331.8K | $356.7K | +7.5% |
| 5+ Bedrooms | $402.5K | $415K | +3.1% |
Summary: New Hope 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 did not change, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
| New Hope Township | $262.9K | $286.5K | +9.0% |
| Goldsboro Township | $242.6K | $255K | +5.1% |
| Goldsboro | $242.6K | $255K | +5.1% |
| Indian Springs Township | $240K | $245K | +2.1% |
Housing Supply in New Hope Township, NC
How many homes are available in New Hope Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 70 | 65 | -7.1% |
Summary: The New Hope Township real estate market had 65 homes for sale in October 2024, a 7.1% decrease 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 | 42 | 39 | -7.1% |
| 4 Bedrooms | 26 | 24 | -7.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The New Hope 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 decreased by 7.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Hope Township, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in New Hope Township in October 2024, up by 5.3% month-over-month. Of the 20 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for New Hope Township, NC
How long does it take to sell a home in New Hope Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 66 Days | +71.8% |
Summary: Homes in New Hope Township had an average of 66 days on market in Oct 2024, up by 71.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Hope Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in New Hope Township; 35% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
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