Is Turnersburg Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Turnersburg Township has remained a Seller's Market.
Housing Prices in Turnersburg Township, NC
How much do homes in Turnersburg Township, NC cost?
Median Sold Price
$277,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Turnersburg Township was $277,000 in May 2024, up 17.9% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $175K | $257.5K | +47.1% |
3 Bedrooms | $235K | $274.9K | +17.0% |
4 Bedrooms | $241.3K | $297K | +23.1% |
5+ Bedrooms | $350K | - | N/A |
Summary: Turnersburg Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.1%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Turnersburg Township | $235K | $277K | +17.9% |
Cool Springs Township | $319K | $335K | +5.0% |
Harmony | $263.9K | $277K | +4.9% |
Eagle Mills Township | $245K | $255K | +4.1% |
Olin Township | $343.5K | $302.5K | -11.9% |
Housing Supply in Turnersburg Township, NC
How many homes are available in Turnersburg Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Summary: The Turnersburg Township real estate market had 10 homes for sale in May 2024, a 16.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 8 | 6 | -25.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Turnersburg Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Turnersburg Township in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Turnersburg Township, NC
How long does it take to sell a home in Turnersburg Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 74 Days | +1259.1% |
Summary: Homes in Turnersburg Township had an average of 74 days on market in May 2024, up by 1259.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Turnersburg Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.