$3,325 Closing Credit*
$279,999
1,364 SqFt
3 Beds
•2 Full Baths
Alejandro Adarve, Listing Office: Palmira Realty LLC
Is Randleman Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Randleman Township has remained a Seller's Market.
Key Takeaway
Randleman Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Randleman Township, NC
How much do homes in Randleman Township, NC cost?
Median Sold Price
$267,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,500(+5.3%)
Key Takeaway
Homes in Randleman Township have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Randleman Township was $267,000 in October 2024, up 5.3% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $242K | N/A |
| 2 Bedrooms | $188.8K | $183.4K | -2.9% |
| 3 Bedrooms | $266.2K | $279.2K | +4.9% |
| 4 Bedrooms | $280K | $285K | +1.8% |
| 5+ Bedrooms | $719.5K | $557.5K | -22.5% |
Summary: Randleman 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 2.9%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 22.5%.
Median Sold Price Compared To Nearby Cities
| Franklinville Township | $240K | $271.2K | +13.0% |
| Randleman | $250K | $267K | +6.8% |
| Randleman Township | $253.5K | $267K | +5.3% |
| Providence Township | $328.7K | $294.9K | -10.3% |
Housing Supply in Randleman Township, NC
How many homes are available in Randleman Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 37 | -5.1% |
Summary: The Randleman Township real estate market had 37 homes for sale in October 2024, a 5.1% decrease 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 | 6 | 7 | +16.7% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Randleman 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 16.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Randleman 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 12 homes were sold or pending in Randleman Township in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Randleman Township, NC
How long does it take to sell a home in Randleman Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 33 Days | +22.3% |
Summary: Homes in Randleman Township had an average of 33 days on market in Oct 2024, up by 22.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Randleman Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Randleman Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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