$4,097 Closing Credit*
$345,000
2,456 SqFt
3 Beds
•2 Full Baths, 1 Partial
ASTRID FIGUEROA, Listing Office: THE VILLA REALTY, LLC.
Is Seventy-First 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, Seventy-First Township has remained a Seller's Market.
Key Takeaway
Seventy-First Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seventy-First Township, NC
How much do homes in Seventy-First Township, NC cost?
Median Sold Price
$220,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,721(+7.2%)
Key Takeaway
Homes in Seventy-First Township have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Seventy-First Township was $220,000 in October 2024, up 7.2% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.5K | $53.5K | -26.2% |
| 2 Bedrooms | $115K | $128K | +11.3% |
| 3 Bedrooms | $195K | $210K | +7.7% |
| 4 Bedrooms | $271.7K | $288.9K | +6.3% |
| 5+ Bedrooms | $350K | $395K | +12.9% |
Summary: Seventy-First Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.2%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Cities
| Manchester Township | $162.5K | $189K | +16.3% |
| Seventy-First Township | $205.2K | $220K | +7.2% |
| Fayetteville | $219.9K | $233.6K | +6.2% |
| McLauchlin Township | $287.4K | $288.4K | 0.3% |
Housing Supply in Seventy-First Township, NC
How many homes are available in Seventy-First Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 447 | 464 | +3.8% |
Summary: The Seventy-First Township real estate market had 464 homes for sale in October 2024, a 3.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 40 | 37 | -7.5% |
| 3 Bedrooms | 274 | 303 | +10.6% |
| 4 Bedrooms | 105 | 99 | -5.7% |
| 5+ Bedrooms | 25 | 22 | -12.0% |
Summary: The Seventy-First 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 decreased by 7.5%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 12%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 93 | 108 | +16.1% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seventy-First Township, you may be able to get a good deal. 40.7% of homes here sold below asking price last month.
Summary: A total of 108 homes were sold or pending in Seventy-First Township in October 2024, up by 16.1% month-over-month. Of the 108 sold homes, 41% were sold under asking, 39% were sold at asking, and 20% were sold over asking.
Days on Market for Seventy-First Township, NC
How long does it take to sell a home in Seventy-First Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 31 Days | -32.2% |
Summary: Homes in Seventy-First Township had an average of 31 days on market in Oct 2024, down by 32.2% compared to last year.
Breakdown of Home Sale Times
74 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seventy-First Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 108 homes were sold in Seventy-First Township; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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