$4,749 Closing Credit*
$399,900
1,877 SqFt
3 Beds
•2 Full Baths
Kendall Cobb, Listing Office: Four Seasons Sales
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 October 2023
Since last year, Oak Level Township has remained a Seller's Market.
Key Takeaway
Oak Level Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oak Level Township, NC
How much do homes in Oak Level Township, NC cost?
Median Sold Price
$270,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$22,500(-7.7%)
Key Takeaway
Homes in Oak Level Township have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in Oak Level Township was $270,000 in October 2024, down 7.7% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175.2K | $184.9K | +5.5% |
| 3 Bedrooms | $290K | $280K | -3.4% |
| 4 Bedrooms | $410.5K | $350K | -14.7% |
| 5+ Bedrooms | $328.9K | - | N/A |
Summary: Oak Level 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 increased by 5.5%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Nashville | $261K | $304.5K | +16.7% |
| Nashville Township | $261K | $304.5K | +16.7% |
| Stony Creek Township | $240K | $247.2K | +3.0% |
| Rocky Mount Township | $212.8K | $209.9K | -1.3% |
| Oak Level Township | $292.5K | $270K | -7.7% |
Housing Supply in Oak Level Township, NC
How many homes are available in Oak Level Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 30 | +30.4% |
Summary: The Oak Level Township real estate market had 30 homes for sale in October 2024, a 30.4% 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 | 2 | 4 | +100.0% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oak Level 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 100%, 3 bedroom homes increased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oak Level Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Oak Level Township in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 111 Days | +78.9% |
Summary: Homes in Oak Level Township had an average of 111 days on market in Oct 2024, up by 78.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 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 October 2024, 6 homes were sold in Oak Level Township; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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