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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sauratown Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Sauratown Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sauratown Township, NC

How much do homes in Sauratown Township, NC cost?

Median Sold Price

$229,990

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$32,490(+16.5%)

Key Takeaway

Homes in Sauratown Township have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in Sauratown Township was $229,990 in October 2024, up 16.5% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $159.7K$118.7K
-25.7%
3 $199.9K$229.9K
+15.1%
4 $319K$243.9K
-23.5%
5+ --
N/A

Summary: Sauratown 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 decreased by 25.7%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Meadows Township
+26.7%
Germanton
+25.0%
Walnut Cove
+21.4%
Sauratown Township
+16.5%

Housing Supply in Sauratown Township, NC

How many homes are available in Sauratown Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
17170.0%

Summary: The Sauratown Township real estate market had 17 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1311
-15.4%
4 34
+33.3%
5+ 01
+100.0%

Summary: The Sauratown 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 remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sauratown Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Sauratown Township in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Sauratown Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days1 Day-98.1%

Summary: Homes in Sauratown Township had an average of 1 days on market in Oct 2024, down by 98.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Sauratown Township; 100% 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.

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

Report Updated 20 Days Ago

Newest Listings in Sauratown Township, NC

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