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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tabernacle Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Tabernacle Township has remained a Seller's Market.

Key Takeaway

Tabernacle Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tabernacle Township, NC

How much do homes in Tabernacle Township, NC cost?

Median Sold Price

$340,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+13.3%)

Key Takeaway

Homes in Tabernacle Township have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in Tabernacle Township was $340,000 in October 2024, up 13.3% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $139K$277.5K
+99.6%
3 $295K$328K
+11.2%
4 $363.8K$341.9K
-6.0%
5+ -$428.6K
N/A

Summary: Tabernacle 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 increased by 99.6%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tabernacle Township
+13.3%
Trinity Township
0%
Conrad Hill Township
-3.8%
Sophia
-13.8%

Housing Supply in Tabernacle Township, NC

How many homes are available in Tabernacle Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2221-4.5%

Summary: The Tabernacle Township real estate market had 21 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1613
-18.8%
4 33
0.0%
5+ 13
+200.0%

Summary: The Tabernacle 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 decreased by 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tabernacle Township, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Tabernacle Township in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.

Days on Market for Tabernacle Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days41 Days+56.8%

Summary: Homes in Tabernacle Township had an average of 41 days on market in Oct 2024, up by 56.8% compared to last year.

Breakdown of Home Sale Times

4 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 Tabernacle Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in Tabernacle Township; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

Newest Listings in Tabernacle Township, NC

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