Is North Brook Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Brook Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, North Brook Township was a Neutral Market.

Key Takeaway

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

Housing Prices in North Brook Township, NC

How much do homes in North Brook Township, NC cost?

Median Sold Price

$270,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,000(+8.4%)

Key Takeaway

Homes in North Brook Township have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in North Brook Township was $270,000 in November 2024, up 8.4% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $220K$189K
-14.1%
3 $249K$246K
-1.2%
4 -$506.5K
N/A
5+ --
N/A

Summary: North Brook Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.1%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bandy's Township
+20.6%
Howards Creek Township
+12.5%
North Brook Township
+8.4%
Vale
+6.9%

Housing Supply in North Brook Township, NC

How many homes are available in North Brook Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
139-30.8%

Summary: The North Brook Township real estate market had 9 homes for sale in November 2024, a 30.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 85
-37.5%
4 33
0.0%
5+ 00
0.0%

Summary: The North Brook 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 50%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer50%50%

Key Takeaway

If you're buying a home in North Brook Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in North Brook Township in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for North Brook Township, NC

How long does it take to sell a home in North Brook Township, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days190 Days+1087.5%

Summary: Homes in North Brook Township had an average of 190 days on market in Nov 2024, up by 1087.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times50%50%

Key Takeaway

Avg time on Rocket Homes in North Brook Township has remained consistent over time.

Summary: During November 2024, 2 homes were sold in North Brook Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 19 Days Ago

Newest Listings in North Brook Township, NC

Nearby Markets to North Brook Township, NC

What housing markets are near North Brook Township, NC?