$3,205 Closing Credit*
$269,900
1,325 SqFt
3 Beds
•2 Full Baths
Listing Office: Carolinas Full Service Realty Inc
Is Ridenhour 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, Ridenhour Township was a Seller's Market.
Key Takeaway
Ridenhour 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 Ridenhour Township, NC
How much do homes in Ridenhour Township, NC cost?
Median Sold Price
$335,715
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$107,715(+47.2%)
Key Takeaway
Homes in Ridenhour Township have sold for 47.2% more than they did a year ago.
Summary: The median home sold price in Ridenhour Township was $335,715 in October 2024, up 47.2% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $212.6K | $266.2K | +25.2% |
| 3 Bedrooms | $207.5K | $311.5K | +50.1% |
| 4 Bedrooms | $300K | $500K | +66.7% |
| 5+ Bedrooms | - | $710K | N/A |
Summary: Ridenhour 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 increased by 25.2%, 3 bedroom homes increased by 50.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ridenhour Township | $228K | $335.7K | +47.2% |
| Richfield | $269.9K | $345K | +27.8% |
| Harris Township | $285K | $295.6K | +3.7% |
Housing Supply in Ridenhour Township, NC
How many homes are available in Ridenhour Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The Ridenhour Township real estate market had 6 homes for sale in October 2024, a 20.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ridenhour 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ridenhour Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Ridenhour Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ridenhour Township, NC
How long does it take to sell a home in Ridenhour Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 4 Days | -60.0% |
Summary: Homes in Ridenhour Township had an average of 4 days on market in Oct 2024, down by 60% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ridenhour Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Ridenhour 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.
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