Is Ormonds 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, Ormonds Township has remained a Seller's Market.
Key Takeaway
Ormonds Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ormonds Township, NC
How much do homes in Ormonds Township, NC cost?
Median Sold Price
$186,250
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Key Takeaway
Homes in Ormonds Township have sold for 19.4% more than they did a year ago.
Summary: The median home sold price in Ormonds Township was $186,250 in November 2024, up 19.4% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $37K | $273K | +637.8% |
| 3 Bedrooms | $295.3K | $175K | -40.7% |
| 4 Bedrooms | $158K | $382K | +141.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Ormonds 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 637.8%, 3 bedroom homes decreased by 40.7%, 4 bedroom homes increased by 141.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ormonds Township | $156K | $186.2K | +19.4% |
| Ayden Township | $232.9K | $259.9K | +11.6% |
Housing Supply in Ormonds Township, NC
How many homes are available in Ormonds Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Ormonds Township real estate market had 2 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ormonds 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ormonds Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Ormonds Township in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ormonds Township, NC
How long does it take to sell a home in Ormonds Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 6 Days | 0.0% |
Summary: Homes in Ormonds Township had an average of 6 days on market in Nov 2024, the same as last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ormonds Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Ormonds 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.
