$4,393 Closing Credit*
$369,900
1,332 SqFt
3 Beds
•2 Full Baths
#100480843, Listing Office: Saga Realty And Construction
Is Poplar 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, Poplar Branch Township was a Seller's Market.
Key Takeaway
Poplar Branch Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Poplar Branch Township, NC
How much do homes in Poplar Branch Township, NC cost?
Median Sold Price
$439,900
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,832(+1.6%)
Key Takeaway
Homes in Poplar Branch Township have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Poplar Branch Township was $439,900 in November 2024, up 1.6% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $350K | $257.5K | -26.4% |
| 3 Bedrooms | $406.5K | $418.9K | +3.1% |
| 4 Bedrooms | $585K | $685.4K | +17.2% |
| 5+ Bedrooms | $1.1M | $1.0M | -13.5% |
Summary: Poplar 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 decreased by 26.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 13.5%.
Housing Supply in Poplar Branch Township, NC
How many homes are available in Poplar Branch Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 45 | 0.0% |
Summary: The Poplar Branch Township real estate market had 45 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 | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Poplar 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 remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 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 Poplar Branch Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Poplar Branch Township in November 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Poplar Branch Township, NC
How long does it take to sell a home in Poplar Branch Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 57 Days | -30.5% |
Summary: Homes in Poplar Branch Township had an average of 57 days on market in Nov 2024, down by 30.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Poplar Branch Township has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Poplar Branch Township; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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