$299,000
32.29 Acres
Land
Meagan Nicole Black, Listing Office: LPT Realty, LLC
Is Richland Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Richland Township has remained a Seller's Market.
Key Takeaway
Richland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Richland Township, NC
How much do homes in Richland Township, NC cost?
Median Sold Price
$241,700
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$10,450(+4.5%)
Key Takeaway
Homes in Richland Township have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Richland Township was $241,700 in December 2024, up 4.5% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $155K | $222K | +43.2% |
| 3 Bedrooms | $239.5K | $249.9K | +4.3% |
| 4 Bedrooms | $440K | $255K | -42.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Richland Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 42%, and 5+ bedroom homes did not change.
Housing Supply in Richland Township, NC
How many homes are available in Richland Township, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Summary: The Richland Township real estate market had 5 homes for sale in December 2024, a 50.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 3 | -62.5% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Richland Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 62.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
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 Richland 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 Richland Township in December 2024, down by 50.0% 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 Richland Township, NC
How long does it take to sell a home in Richland Township, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 5 Days | 72 Days | +1209.1% |
Summary: Homes in Richland Township had an average of 72 days on market in Dec 2024, up by 1209.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Richland Township has remained consistent over time.
Summary: During December 2024, 2 homes were sold in Richland Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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