Is Quaker Meadows Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Quaker Meadows Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Quaker Meadows Township has remained a Seller's Market.

Key Takeaway

Quaker Meadows Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Quaker Meadows Township, NC

How much do homes in Quaker Meadows Township, NC cost?

Median Sold Price

$385,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$70,000(+22.2%)

Key Takeaway

Homes in Quaker Meadows Township have sold for 22.2% more than they did a year ago.

Summary: The median home sold price in Quaker Meadows Township was $385,000 in October 2024, up 22.2% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $210.5K$179K
-15.0%
3 $305K$365K
+19.7%
4 $425K$457.7K
+7.7%
5+ $331.7K$470K
+41.7%

Summary: Quaker Meadows 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 15%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 41.7%.

Median Sold Price Compared To Nearby Cities

Quaker Meadows Township
+22.2%
Silver Creek Township
+6.7%
Morganton
+0.9%
Morganton Township
0.1%
Lower Creek Township
-17.0%

Housing Supply in Quaker Meadows Township, NC

How many homes are available in Quaker Meadows Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2328+21.7%

Summary: The Quaker Meadows Township real estate market had 28 homes for sale in October 2024, a 21.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1416
+14.3%
4 67
+16.7%
5+ 23
+50.0%

Summary: The Quaker Meadows 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 14.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Quaker Meadows Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Quaker Meadows Township in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Quaker Meadows Township, NC

How long does it take to sell a home in Quaker Meadows Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days16 Days-15.6%

Summary: Homes in Quaker Meadows Township had an average of 16 days on market in Oct 2024, down by 15.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Quaker Meadows Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Quaker Meadows Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Quaker Meadows Township, NC

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