$4,393 Closing Credit*
$369,900
1,912 SqFt
3 Beds
•2 Full Baths, 1 Partial
PROPERTY PROS GROUP, Listing Office: COLDWELL BANKER ADVANTAGE #2- HARNETT CO.
Is Selma 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, Selma Township has remained a Seller's Market.
Key Takeaway
Selma Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Selma Township, NC
How much do homes in Selma Township, NC cost?
Median Sold Price
$297,750
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,950(-2.6%)
Key Takeaway
Homes in Selma Township have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Selma Township was $297,750 in November 2024, down 2.6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $158.5K | -6.8% |
| 3 Bedrooms | $306.1K | $297.5K | -2.8% |
| 4 Bedrooms | $329.7K | $430K | +30.4% |
| 5+ Bedrooms | $330K | - | N/A |
Summary: Selma 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 decreased by 6.8%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Selma Township | $305.7K | $297.7K | -2.6% |
| Pine Level Township | $296.5K | $287.7K | -3.0% |
| Wilson Mills Township | $359.9K | $336.8K | -6.4% |
| Selma | $309.8K | $287.4K | -7.2% |
| Micro Township | $299.9K | $275K | -8.3% |
Housing Supply in Selma Township, NC
How many homes are available in Selma Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 73 | -5.2% |
Summary: The Selma Township real estate market had 73 homes for sale in November 2024, a 5.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 62 | 61 | -1.6% |
| 4 Bedrooms | 13 | 7 | -46.2% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Selma 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 increased by 100%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 46.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Selma Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Selma Township in November 2024, down by 11.1% month-over-month. Of the 16 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Selma Township, NC
How long does it take to sell a home in Selma Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 89 Days | 19 Days | -78.2% |
Summary: Homes in Selma Township had an average of 19 days on market in Nov 2024, down by 78.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Selma Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Selma Township; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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