$1,661 Closing Credit*
$139,900
969 SqFt
1 Bed
•1 Full Bath
Ashley Spector, Listing Office: Coldwell Banker Advantage
Is Providence 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, Providence Township was a Seller's Market.
Key Takeaway
Providence Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Providence Township, NC
How much do homes in Providence Township, NC cost?
Median Sold Price
$294,900
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$33,850(-10.3%)
Key Takeaway
Homes in Providence Township have sold for 10.3% less than they did a year ago.
Summary: The median home sold price in Providence Township was $294,900 in October 2024, down 10.3% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $325K | N/A |
| 2 Bedrooms | $274.5K | $130.2K | -52.6% |
| 3 Bedrooms | $329.5K | $294.8K | -10.5% |
| 4 Bedrooms | $559.5K | $477K | -14.7% |
| 5+ Bedrooms | $1.2M | - | N/A |
Summary: Providence 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 decreased by 52.6%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Randleman Township | $253.5K | $267K | +5.3% |
| Liberty Township | $285K | $286K | 0.4% |
| Climax | $300K | $290K | -3.3% |
| Providence Township | $328.7K | $294.9K | -10.3% |
Housing Supply in Providence Township, NC
How many homes are available in Providence Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The Providence Township real estate market had 13 homes for sale in October 2024, a 18.2% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Providence 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 22.2%, 4 bedroom homes decreased by 50%, 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
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Providence Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Providence Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Providence Township, NC
How long does it take to sell a home in Providence Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 77 Days | 4 Days | -94.8% |
Summary: Homes in Providence Township had an average of 4 days on market in Oct 2024, down by 94.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Providence Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Providence 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.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.