Is Shiloh Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Shiloh Township has remained a Seller's Market.
Housing Prices in Shiloh Township, NC
How much do homes in Shiloh Township, NC cost?
Median Sold Price
$290,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Shiloh Township was $290,000 in May 2024, up 3.9% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $145K | N/A |
2 Bedrooms | $187K | $290K | +55.1% |
3 Bedrooms | $278K | $275K | -1.1% |
4 Bedrooms | $397.4K | $345K | -13.2% |
5+ Bedrooms | $580K | - | N/A |
Summary: Shiloh Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.1%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Concord Township | $335.2K | $367.5K | +9.7% |
Catawba Township | $280K | $299K | +6.8% |
Shiloh Township | $279.1K | $290K | +3.9% |
Stony Point | $241.5K | $223K | -7.7% |
Housing Supply in Shiloh Township, NC
How many homes are available in Shiloh Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 44 | +2.3% |
Summary: The Shiloh Township real estate market had 44 homes for sale in May 2024, a 2.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 30 | 31 | +3.3% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shiloh Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 10 | -9.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Shiloh Township in May 2024, down by 9.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 65 Days | +95.6% |
Summary: Homes in Shiloh Township had an average of 65 days on market in May 2024, up by 95.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Shiloh Township; 30% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.