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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shiloh Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Shiloh Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Shiloh Township, NC

How much do homes in Shiloh Township, NC cost?

Median Sold Price

$292,500

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,000(+2.8%)

Key Takeaway

Homes in Shiloh Township have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Shiloh Township was $292,500 in November 2024, up 2.8% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$145K
N/A
2 $287.5K$195K
-32.2%
3 $271K$295K
+8.9%
4 $392.5K$330K
-15.9%
5+ $460K-
N/A

Summary: Shiloh 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 32.2%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stony Point
+10.7%
Catawba Township
+8.5%
Concord Township
+6.1%
Shiloh Township
+2.8%

Housing Supply in Shiloh Township, NC

How many homes are available in Shiloh Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4252+23.8%

Summary: The Shiloh Township real estate market had 52 homes for sale in November 2024, a 23.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 3641
+13.9%
4 58
+60.0%
5+ 11
0.0%

Summary: The Shiloh 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 increased by 13.9%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

4 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 Shiloh Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Shiloh Township in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Shiloh Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days43 Days+87.7%

Summary: Homes in Shiloh Township had an average of 43 days on market in Nov 2024, up by 87.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Shiloh Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 2 Days Ago

Newest Listings in Shiloh Township, NC

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