Is Saint Marys Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Marys Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Saint Marys Township has remained a Seller's Market.

Key Takeaway

Saint Marys Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Saint Marys Township, NC

How much do homes in Saint Marys Township, NC cost?

Median Sold Price

$350,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,500(+2.5%)

Key Takeaway

Homes in Saint Marys Township have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Saint Marys Township was $350,000 in October 2024, up 2.5% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$249.5K
N/A
2 $265K$289.9K
+9.4%
3 $329K$339.7K
+3.2%
4 $388K$416.8K
+7.4%
5+ $521.4K$538.1K
+3.2%

Summary: Saint Marys 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 9.4%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Cities

Swift Creek Township
+6.2%
Raleigh Township
+5.6%
Saint Marys Township
+2.5%
Garner
0.2%
Panther Branch Township
-0.1%

Housing Supply in Saint Marys Township, NC

How many homes are available in Saint Marys Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
261282+8.0%

Summary: The Saint Marys Township real estate market had 282 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2321
-8.7%
3 162174
+7.4%
4 5665
+16.1%
5+ 1820
+11.1%

Summary: The Saint Marys 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 decreased by 8.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4671+54.3%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Marys Township, you may be able to get a good deal. 60.6% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in Saint Marys Township in October 2024, up by 54.3% month-over-month. Of the 71 sold homes, 61% were sold under asking, 25% were sold at asking, and 14% were sold over asking.

Days on Market for Saint Marys Township, NC

How long does it take to sell a home in Saint Marys Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days45 Days-26.2%

Summary: Homes in Saint Marys Township had an average of 45 days on market in Oct 2024, down by 26.2% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint Marys Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 71 homes were sold in Saint Marys Township; 55% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Saint Marys Township, NC

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What housing markets are near Saint Marys Township, NC?