$2,909 Closing Credit*
$245,000
1,384 SqFt
3 Beds
•2 Full Baths
#100481260, Listing Office: Everything Pines Partners LLC
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 November 2023
Since last year, Spring Hill Township has remained a Seller's Market.
Key Takeaway
Spring Hill Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spring Hill Township, NC
How much do homes in Spring Hill Township, NC cost?
Median Sold Price
$326,700
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,700(+2.1%)
Key Takeaway
Homes in Spring Hill Township have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Spring Hill Township was $326,700 in November 2024, up 2.1% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $211K | - | N/A |
| 3 Bedrooms | $162K | $223.5K | +38.0% |
| 4 Bedrooms | $369.7K | $357.2K | -3.4% |
| 5+ Bedrooms | - | $323.5K | N/A |
Summary: Spring Hill 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 did not change, 3 bedroom homes increased by 38%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wagram | $326.3K | $336K | +2.9% |
| Spring Hill Township | $320K | $326.7K | +2.1% |
Housing Supply in Spring Hill Township, NC
How many homes are available in Spring Hill Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Summary: The Spring Hill Township real estate market had 21 homes for sale in November 2024, a 4.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Spring Hill 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Hill Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Spring Hill Township in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 0 Days | 96 Days | +19150.0% |
Summary: Homes in Spring Hill Township had an average of 96 days on market in Nov 2024, up by 19150% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Spring Hill Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in Spring Hill Township; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
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