$4,156 Closing Credit*
$350,000
1,872 SqFt
3 Beds
•2 Full Baths
Alyssa G Upchurch, Listing Office: Southern Realty Group Inc.
Is Saint Matthews Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Saint Matthews Township has remained a Seller's Market.
Key Takeaway
Saint Matthews Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Matthews Township, NC
How much do homes in Saint Matthews Township, NC cost?
Median Sold Price
$371,281
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,281(+1.7%)
Key Takeaway
Homes in Saint Matthews Township have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Saint Matthews Township was $371,281 in October 2024, up 1.7% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124.5K | $172K | +38.2% |
| 2 Bedrooms | $250.5K | $265K | +5.8% |
| 3 Bedrooms | $335.6K | $347.8K | +3.6% |
| 4 Bedrooms | $420K | $440K | +4.8% |
| 5+ Bedrooms | $528.9K | $569K | +7.6% |
Summary: Saint Matthews Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.2%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Cities
| Neuse Township | $379.7K | $415K | +9.3% |
| Knightdale | $370.4K | $403.2K | +8.8% |
| Raleigh | $418.8K | $442.3K | +5.6% |
| Saint Matthews Township | $365K | $371.2K | +1.7% |
| Marks Creek Township | $402.8K | $389.9K | -3.2% |
Housing Supply in Saint Matthews Township, NC
How many homes are available in Saint Matthews Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 315 | 313 | -0.6% |
Summary: The Saint Matthews Township real estate market had 313 homes for sale in October 2024, a 0.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 34 | 24 | -29.4% |
| 3 Bedrooms | 170 | 181 | +6.5% |
| 4 Bedrooms | 71 | 68 | -4.2% |
| 5+ Bedrooms | 39 | 38 | -2.6% |
Summary: The Saint Matthews Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 2.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 69 | -9.2% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Matthews Township, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.
Summary: A total of 69 homes were sold or pending in Saint Matthews Township in October 2024, down by 9.2% month-over-month. Of the 69 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.
Days on Market for Saint Matthews Township, NC
How long does it take to sell a home in Saint Matthews Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 88 Days | 40 Days | -54.0% |
Summary: Homes in Saint Matthews Township had an average of 40 days on market in Oct 2024, down by 54% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Matthews Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 69 homes were sold in Saint Matthews Township; 61% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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