$5,344 Closing Credit*
$450,000
2,857 SqFt
5 Beds
•3 Full Baths, 1 Partial
Dustin Bennett, Listing Office: EXP Realty LLC
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 November 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
$372,375
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,375(+2.0%)
Key Takeaway
Homes in Saint Matthews Township have sold for 2% more than they did a year ago.
Summary: The median home sold price in Saint Matthews Township was $372,375 in November 2024, up 2% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124.5K | $202K | +62.2% |
| 2 Bedrooms | $253.5K | $264K | +4.1% |
| 3 Bedrooms | $338.1K | $345K | +2.0% |
| 4 Bedrooms | $417.5K | $455K | +9.0% |
| 5+ Bedrooms | $524.4K | $566.2K | +8.0% |
Summary: Saint Matthews Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.2%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
| Neuse Township | $377.3K | $420K | +11.3% |
| Knightdale | $370.4K | $410K | +10.7% |
| Raleigh | $416.2K | $448.4K | +7.7% |
| Saint Matthews Township | $365K | $372.3K | +2.0% |
| Marks Creek Township | $399.9K | $394.5K | -1.3% |
Housing Supply in Saint Matthews Township, NC
How many homes are available in Saint Matthews Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 318 | 298 | -6.3% |
Summary: The Saint Matthews Township real estate market had 298 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 25 | 28 | +12.0% |
| 3 Bedrooms | 179 | 172 | -3.9% |
| 4 Bedrooms | 72 | 63 | -12.5% |
| 5+ Bedrooms | 40 | 34 | -15.0% |
Summary: The Saint Matthews Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 12%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 15%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 59 | -19.2% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
8 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. 59.3% of homes here sold below asking price last month.
Summary: A total of 59 homes were sold or pending in Saint Matthews Township in November 2024, down by 19.2% month-over-month. Of the 59 sold homes, 59% were sold under asking, 27% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 73 Days | 41 Days | -43.3% |
Summary: Homes in Saint Matthews Township had an average of 41 days on market in Nov 2024, down by 43.3% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
8 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 November 2024, 59 homes were sold in Saint Matthews Township; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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