$3,086 Closing Credit*
$259,900
1,186 SqFt
3 Beds
•2 Full Baths
#100476291, Listing Office: Keller Williams Innovate-Wilmington
Is Northwest Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Northwest Township was a Seller's Market.
Key Takeaway
Northwest Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Northwest Township, NC
How much do homes in Northwest Township, NC cost?
Median Sold Price
$339,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,998(-3.1%)
Key Takeaway
Homes in Northwest Township have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Northwest Township was $339,000 in October 2024, down 3.1% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $249.3K | -0.2% |
| 3 Bedrooms | $317K | $326K | +2.8% |
| 4 Bedrooms | $384.9K | $500K | +29.9% |
| 5+ Bedrooms | $440K | $440K | 0% |
Summary: Northwest 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 decreased by 0.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 29.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Leland | $375.6K | $399K | +6.2% |
| Northwest Township | $349.9K | $339K | -3.1% |
Housing Supply in Northwest Township, NC
How many homes are available in Northwest Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 107 | 122 | +14.0% |
Summary: The Northwest Township real estate market had 122 homes for sale in October 2024, a 14.0% increase 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 57 | 58 | +1.8% |
| 4 Bedrooms | 34 | 45 | +32.4% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Northwest 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 increased by 14.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 32.4%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest Township, you may be able to get a good deal. 45% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Northwest Township in October 2024, up by 17.6% month-over-month. Of the 20 sold homes, 45% were sold under asking, 25% were sold at asking, and 30% were sold over asking.
Days on Market for Northwest Township, NC
How long does it take to sell a home in Northwest Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 46 Days | +3.8% |
Summary: Homes in Northwest Township had an average of 46 days on market in Oct 2024, up by 3.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northwest Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Northwest Township; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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