$3,859 Closing Credit*
$325,000
1,995 SqFt
3 Beds
•3 Full Baths
Listing Office: Divine Real Estate Boutique, LLC
Is Ridenhour 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, Ridenhour Township has remained a Seller's Market.
Key Takeaway
Ridenhour Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ridenhour Township, NC
How much do homes in Ridenhour Township, NC cost?
Median Sold Price
$325,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$84,000(+34.9%)
Key Takeaway
Homes in Ridenhour Township have sold for 34.9% more than they did a year ago.
Summary: The median home sold price in Ridenhour Township was $325,000 in November 2024, up 34.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $212.6K | $252.5K | +18.8% |
| 3 Bedrooms | $267.7K | $310K | +15.8% |
| 4 Bedrooms | $462.5K | $500K | +8.1% |
| 5+ Bedrooms | - | $710K | N/A |
Summary: Ridenhour Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes did not change.
Housing Supply in Ridenhour Township, NC
How many homes are available in Ridenhour Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Ridenhour Township real estate market had 6 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ridenhour Township housing inventory by bedroom type for November 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Ridenhour Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 6 Days | -92.7% |
Summary: Homes in Ridenhour Township had an average of 6 days on market in Nov 2024, down by 92.7% 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 November 2024, 2 homes were sold in Ridenhour Township; 50% 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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