$4,572 Closing Credit*
$385,000
2,725 SqFt
3 Beds
•3 Full Baths
Listing Office: Home & Heart Realty, LLC
Is Patterson 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, Patterson Township was a Buyer's Market.
Key Takeaway
Patterson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Patterson Township, NC
How much do homes in Patterson Township, NC cost?
Median Sold Price
$477,500
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$232,350(+94.8%)
Key Takeaway
Homes in Patterson Township have sold for 94.8% more than they did a year ago.
Summary: The median home sold price in Patterson Township was $477,500 in October 2024, up 94.8% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $490K | $975K | +99.0% |
| 3 Bedrooms | $175K | $408.5K | +133.4% |
| 4 Bedrooms | $287.3K | $607.4K | +111.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Patterson 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 99%, 3 bedroom homes increased by 133.4%, 4 bedroom homes increased by 111.4%, and 5+ bedroom homes did not change.
Housing Supply in Patterson Township, NC
How many homes are available in Patterson Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Patterson Township real estate market had 9 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Patterson 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 decreased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Patterson Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Patterson Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Patterson Township, NC
How long does it take to sell a home in Patterson Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 53 Days | +103.8% |
Summary: Homes in Patterson Township had an average of 53 days on market in Oct 2024, up by 103.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Patterson Township has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Patterson Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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