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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Saint Marys Township was a Seller's Market.

Key Takeaway

Saint Marys 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 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 November 2023

+$7,858(+2.3%)

Key Takeaway

Homes in Saint Marys Township have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Saint Marys Township was $350,000 in November 2024, up 2.3% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$249.5K
N/A
2 $266.5K$289.7K
+8.7%
3 $326.8K$340K
+4.1%
4 $392K$419.9K
+7.1%
5+ $533.7K$530K
-0.7%

Summary: Saint Marys 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 8.7%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Cities

Swift Creek Township
+11.1%
Raleigh Township
+7.9%
Saint Marys Township
+2.3%
Garner
0%
Panther Branch Township
-0.5%

Housing Supply in Saint Marys Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
291266-8.6%

Summary: The Saint Marys Township real estate market had 266 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2016
-20.0%
3 179169
-5.6%
4 6863
-7.4%
5+ 2317
-26.1%

Summary: The Saint Marys 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 decreased by 20%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 26.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7438-48.6%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer66%24%11%

Key Takeaway

If you're buying a home in Saint Marys Township, you may be able to get a good deal. 65.8% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Saint Marys Township in November 2024, down by 48.6% month-over-month. Of the 38 sold homes, 66% were sold under asking, 24% were sold at asking, and 11% 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

Nov 2023Nov 2024CHANGE
85 Days32 Days-61.3%

Summary: Homes in Saint Marys Township had an average of 32 days on market in Nov 2024, down by 61.3% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times55%42%

Key Takeaway

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

Summary: During November 2024, 38 homes were sold in Saint Marys Township; 55% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 3% 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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