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 neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Shiloh Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Shiloh Township, NC

How much do homes in Shiloh Township, NC cost?

Median Sold Price

$295,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,000(+7.3%)

Key Takeaway

Homes in Shiloh Township have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Shiloh Township was $295,000 in December 2024, up 7.3% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$145K
N/A
2 $265K$190K
-28.3%
3 $266K$302.5K
+13.7%
4 $440K$330K
-25.0%
5+ $460K-
N/A

Summary: Shiloh Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.3%, 3 bedroom homes increased by 13.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Shiloh Township
+7.3%
Catawba Township
+6.9%
Concord Township
+6.8%
Stony Point
+6.5%

Housing Supply in Shiloh Township, NC

How many homes are available in Shiloh Township, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5048-4.0%

Summary: The Shiloh Township real estate market had 48 homes for sale in December 2024, a 4.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 3936
-7.7%
4 89
+12.5%
5+ 11
0.0%

Summary: The Shiloh Township housing inventory by bedroom type for December 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 7.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were 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. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Shiloh Township in December 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
53 Days61 Days+15.4%

Summary: Homes in Shiloh Township had an average of 61 days on market in Dec 2024, up by 15.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 December 2024, 7 homes were sold in Shiloh Township; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 4 Days Ago

Newest Listings in Shiloh Township, NC

Nearby Markets to Shiloh Township, NC

What housing markets are near Shiloh Township, NC?