$2,552 Closing Credit*
$214,900
1,061 SqFt
3 Beds
•1 Full Bath, 1 Partial
Mike Headley, Listing Office: The Headley Group Realty
Is Reidsville Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Reidsville Township has remained a Seller's Market.
Key Takeaway
Reidsville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Reidsville Township, NC
How much do homes in Reidsville Township, NC cost?
Median Sold Price
$238,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,281(+15.1%)
Key Takeaway
Homes in Reidsville Township have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in Reidsville Township was $238,000 in November 2024, up 15.1% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $143.1K | $73K | -49.0% |
| 2 Bedrooms | $118K | $139.5K | +18.2% |
| 3 Bedrooms | $225.5K | $250K | +10.9% |
| 4 Bedrooms | $317.4K | $395K | +24.4% |
| 5+ Bedrooms | $225.8K | $375K | +66.0% |
Summary: Reidsville Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes increased by 66%.
Median Sold Price Compared To Nearby Cities
| Ruffin Township | $208K | $245K | +17.8% |
| Reidsville Township | $206.7K | $238K | +15.1% |
| Reidsville | $206.7K | $238K | +15.1% |
| Wentworth Township | $260K | $265K | +1.9% |
Housing Supply in Reidsville Township, NC
How many homes are available in Reidsville Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 138 | 130 | -5.8% |
Summary: The Reidsville Township real estate market had 130 homes for sale in November 2024, a 5.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 23 | 24 | +4.3% |
| 3 Bedrooms | 80 | 72 | -10.0% |
| 4 Bedrooms | 25 | 26 | +4.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Reidsville Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Reidsville Township, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Reidsville Township in November 2024, up by 13.0% month-over-month. Of the 26 sold homes, 69% were sold under asking, 12% were sold at asking, and 19% were sold over asking.
Days on Market for Reidsville Township, NC
How long does it take to sell a home in Reidsville Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 42 Days | +24.4% |
Summary: Homes in Reidsville Township had an average of 42 days on market in Nov 2024, up by 24.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Reidsville Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in Reidsville Township; 58% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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