$2,731 Closing Credit*
$230,000
1,616 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100480021, Listing Office: The Forbes Real Estate Group
Is Oak Level Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Oak Level Township was a Seller's Market.
Key Takeaway
Oak Level 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 Oak Level Township, NC
How much do homes in Oak Level Township, NC cost?
Median Sold Price
$277,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$12,500(-4.3%)
Key Takeaway
Homes in Oak Level Township have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Oak Level Township was $277,500 in November 2024, down 4.3% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $184.7K | $189.9K | +2.8% |
| 3 Bedrooms | $279.9K | $306.9K | +9.7% |
| 4 Bedrooms | $410.5K | $357.4K | -12.9% |
| 5+ Bedrooms | $315K | - | N/A |
Summary: Oak Level 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 increased by 2.8%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Nashville | $270K | $305K | +13.0% |
| Nashville Township | $270K | $305K | +13.0% |
| Stony Creek Township | $234.6K | $248K | +5.7% |
| Rocky Mount Township | $210.8K | $213.1K | +1.1% |
| Oak Level Township | $290K | $277.5K | -4.3% |
Housing Supply in Oak Level Township, NC
How many homes are available in Oak Level Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 25 | -16.7% |
Summary: The Oak Level Township real estate market had 25 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 1 | -75.0% |
| 3 Bedrooms | 21 | 17 | -19.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Oak Level 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 75%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oak Level Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Oak Level Township in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Oak Level Township, NC
How long does it take to sell a home in Oak Level Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 13 Days | -60.1% |
Summary: Homes in Oak Level Township had an average of 13 days on market in Nov 2024, down by 60.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oak Level Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Oak Level Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.