$284,000
630 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: Blue Ridge Realty & Investments
October 2024
Report Updated 16 Days Ago
Is Newland Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Newland Township has remained a Buyer's Market.
How much do homes in Newland Township, NC cost?
$218,000
$198/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
Summary: The median home sold price in Newland Township was $218,000 in October 2024, down 19.5% from last month, and the median price per square foot was $198.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $166.7K | - | N/A |
2 Bedrooms | $375K | $205K | -45.3% |
3 Bedrooms | - | $374K | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Newland Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 45.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Newland Township | $270.8K | $218K | -19.5% |
South Mills Township | $574.5K | $290K | -49.5% |
South Mills | $574.5K | $290K | -49.5% |
How many homes are available in Newland Township, NC?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
24 | 38 | +58.3% |
Summary: The Newland Township real estate market had 38 homes for sale in October 2024, a 58.3% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 13 | 18 | +38.5% |
4 Bedrooms | 5 | 9 | +80.0% |
5+ Bedrooms | 1 | 7 | +600.0% |
Summary: The Newland Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 600%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Newland Township in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in Newland Township, NC?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
30 Days | 151 Days | +405.8% |
Summary: Homes in Newland Township had an average of 151 days on market in Oct 2024, up by 405.8% compared to last month.
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During October 2024, 4 homes were sold in Newland Township; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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 16 Days Ago
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