$2,849 Closing Credit*
$239,900
1,138 SqFt
3 Beds
•1 Full Bath
Listing Office: TKG Real Estate
Is Newton Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Newton Township has remained a Seller's Market.
Key Takeaway
Newton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newton Township, NC
How much do homes in Newton Township, NC cost?
Median Sold Price
$255,380
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,882(+1.9%)
Key Takeaway
Homes in Newton Township have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Newton Township was $255,380 in November 2024, up 1.9% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $57.5K | $150K | +160.9% |
| 2 Bedrooms | $171.2K | $185.9K | +8.6% |
| 3 Bedrooms | $255.3K | $269.3K | +5.5% |
| 4 Bedrooms | $285K | $350K | +22.8% |
| 5+ Bedrooms | $463K | $490K | +5.8% |
Summary: Newton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 160.9%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Jacobs Fork Township | $272K | $285K | +4.8% |
| Newton Township | $250.4K | $255.3K | +1.9% |
| Conover | $288.4K | $284.6K | -1.3% |
| Newton | $255K | $251K | -1.6% |
| Maiden | $269.4K | $265.2K | -1.6% |
Housing Supply in Newton Township, NC
How many homes are available in Newton Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 165 | 157 | -4.8% |
Summary: The Newton Township real estate market had 157 homes for sale in November 2024, a 4.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 34 | 30 | -11.8% |
| 3 Bedrooms | 98 | 97 | -1.0% |
| 4 Bedrooms | 25 | 23 | -8.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Newton Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newton Township, you may be able to get a good deal. 69.7% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Newton Township in November 2024, up by 10.0% month-over-month. Of the 33 sold homes, 70% were sold under asking, 21% were sold at asking, and 9% were sold over asking.
Days on Market for Newton Township, NC
How long does it take to sell a home in Newton Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 55 Days | +109.4% |
Summary: Homes in Newton Township had an average of 55 days on market in Nov 2024, up by 109.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newton Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 33 homes were sold in Newton Township; 52% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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