$3,502 Closing Credit*
$294,900
1,300 SqFt
3 Beds
•1 Full Bath
Tate Salim, Listing Office: Agent Group Realty
Is Panther Branch 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, Panther Branch Township was a Neutral Market.
Key Takeaway
Panther Branch Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Panther Branch Township, NC
How much do homes in Panther Branch Township, NC cost?
Median Sold Price
$444,263
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,436(-0.5%)
Key Takeaway
Homes in Panther Branch Township have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in Panther Branch Township was $444,263 in November 2024, down 0.5% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $191.4K | $389K | +103.2% |
| 3 Bedrooms | $415K | $414.6K | -0.1% |
| 4 Bedrooms | $535K | $522.1K | -2.4% |
| 5+ Bedrooms | $547.6K | $606K | +10.7% |
Summary: Panther Branch 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 103.2%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Cities
| Swift Creek Township | $532.8K | $592K | +11.1% |
| Middle Creek Township | $469.9K | $507.5K | +8.0% |
| Saint Marys Township | $342.1K | $350K | +2.3% |
| Garner | $400K | $399.9K | 0% |
| Panther Branch Township | $446.7K | $444.2K | -0.5% |
Housing Supply in Panther Branch Township, NC
How many homes are available in Panther Branch Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 142 | 111 | -21.8% |
Summary: The Panther Branch Township real estate market had 111 homes for sale in November 2024, a 21.8% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 94 | 64 | -31.9% |
| 4 Bedrooms | 39 | 37 | -5.1% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Panther Branch 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 decreased by 31.9%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 28 | -20.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Panther Branch Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Panther Branch Township in November 2024, down by 20.0% month-over-month. Of the 28 sold homes, 71% were sold under asking, 18% were sold at asking, and 11% were sold over asking.
Days on Market for Panther Branch Township, NC
How long does it take to sell a home in Panther Branch Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 46 Days | -40.4% |
Summary: Homes in Panther Branch Township had an average of 46 days on market in Nov 2024, down by 40.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Panther Branch Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 28 homes were sold in Panther Branch Township; 50% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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