$30,000
0.50 Acres
Land
#100476870, Listing Office: Maison Realty Group
Is Spring Hill Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Spring Hill Township was a Seller's Market.
Key Takeaway
Spring Hill Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Spring Hill Township, NC
How much do homes in Spring Hill Township, NC cost?
Median Sold Price
$332,950
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,950(+12.9%)
Key Takeaway
Homes in Spring Hill Township have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Spring Hill Township was $332,950 in October 2024, up 12.9% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $211K | - | N/A |
| 3 Bedrooms | $181K | $199.5K | +10.2% |
| 4 Bedrooms | $369K | $387.9K | +5.1% |
| 5+ Bedrooms | - | $323.5K | N/A |
Summary: Spring Hill Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Spring Hill Township | $295K | $332.9K | +12.9% |
| Wagram | $325K | $347.5K | +6.9% |
| Laurel Hill Township | $130K | $106.4K | -18.1% |
Housing Supply in Spring Hill Township, NC
How many homes are available in Spring Hill Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Summary: The Spring Hill Township real estate market had 22 homes for sale in October 2024, a 15.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Spring Hill 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Hill Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Spring Hill Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Spring Hill Township, NC
How long does it take to sell a home in Spring Hill Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 5 Days | -77.5% |
Summary: Homes in Spring Hill Township had an average of 5 days on market in Oct 2024, down by 77.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spring Hill Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Spring Hill Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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