$4,393 Closing Credit*
$369,900
2,043 SqFt
4 Beds
•2 Full Baths, 1 Partial
Angela Brown Cranford, Listing Office: Price REALTORS - Archdale
Is Thomasville, 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, Thomasville has remained a Seller's Market.
Key Takeaway
Thomasville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Thomasville, NC
How much do homes in Thomasville, NC cost?
Median Sold Price
$246,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,214(+6.6%)
Key Takeaway
Homes in Thomasville have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Thomasville was $246,500 in November 2024, up 6.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71.2K | $40K | -43.9% |
| 2 Bedrooms | $145K | $156K | +7.6% |
| 3 Bedrooms | $235K | $250K | +6.4% |
| 4 Bedrooms | $300K | $356.5K | +18.8% |
| 5+ Bedrooms | $363.8K | $375K | +3.1% |
Summary: Thomasville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.9%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
| Thomasville | $231.2K | $246.5K | +6.6% |
| Thomasville Township | $235K | $250K | +6.4% |
| Trinity | $294.9K | $299.3K | +1.5% |
| Trinity Township | $272.2K | $272K | -0.1% |
Housing Supply in Thomasville, NC
How many homes are available in Thomasville, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 184 | 175 | -4.9% |
Summary: The Thomasville real estate market had 175 homes for sale in November 2024, a 4.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 39 | 43 | +10.3% |
| 3 Bedrooms | 121 | 113 | -6.6% |
| 4 Bedrooms | 21 | 17 | -19.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Thomasville 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 increased by 10.3%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 45 | 0.0% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thomasville, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in Thomasville in November 2024, the same as the previous month. Of the 45 sold homes, 62% were sold under asking, 16% were sold at asking, and 22% were sold over asking.
Days on Market for Thomasville, NC
How long does it take to sell a home in Thomasville, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 33 Days | +6.3% |
Summary: Homes in Thomasville had an average of 33 days on market in Nov 2024, up by 6.3% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Thomasville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 45 homes were sold in Thomasville; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.