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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tally Ho Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Tally Ho Township, NC

How much do homes in Tally Ho Township, NC cost?

Median Sold Price

$349,900

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$49,900(+16.6%)

Key Takeaway

Homes in Tally Ho Township have sold for 16.6% more than they did a year ago.

Summary: The median home sold price in Tally Ho Township was $349,900 in September 2024, up 16.6% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$315K
N/A
2 $206K-
N/A
3 $297.5K$332.5K
+11.8%
4 $390K$532.5K
+36.5%
5+ -$1.1M
N/A

Summary: Tally Ho Township housing prices by bedroom type for September 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 11.8%, 4 bedroom homes increased by 36.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tally Ho Township
+16.6%
Stem
+16.5%
Brassfield Township
+7.7%
Fishing Creek Township
0.0%

Housing Supply in Tally Ho Township, NC

How many homes are available in Tally Ho Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1610-37.5%

Summary: The Tally Ho Township real estate market had 10 homes for sale in September 2024, a 37.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 139
-30.8%
4 21
-50.0%
5+ 00
0.0%

Summary: The Tally Ho Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
550.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tally Ho Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Tally Ho Township in September 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Tally Ho Township, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
56 Days5 Days-90.0%

Summary: Homes in Tally Ho Township had an average of 5 days on market in Sep 2024, down by 90% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tally Ho Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 5 homes were sold in Tally Ho 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Tally Ho Township, NC

Nearby Markets to Tally Ho Township, NC

What housing markets are near Tally Ho Township, NC?