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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Uwharrie Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Uwharrie Township was a Seller's Market.

Key Takeaway

Uwharrie Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Uwharrie Township, NC

How much do homes in Uwharrie Township, NC cost?

Median Sold Price

$212,000

$162/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$129,000(-37.8%)

Key Takeaway

Homes in Uwharrie Township have sold for 37.8% less than they did a month ago.

Summary: The median home sold price in Uwharrie Township was $212,000 in November 2024, down 37.8% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $649.5K$232.2K
-64.2%
3 $325K$212K
-34.8%
4 --
N/A
5+ --
N/A

Summary: Uwharrie Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 64.2%, 3 bedroom homes decreased by 34.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pee Dee Township
-27.3%
Uwharrie Township
-37.8%

Housing Supply in Uwharrie Township, NC

How many homes are available in Uwharrie Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3331-6.1%

Summary: The Uwharrie Township real estate market had 31 homes for sale in November 2024, a 6.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 2422
-8.3%
4 23
+50.0%
5+ 00
0.0%

Summary: The Uwharrie 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 decreased by 14.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Uwharrie Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Uwharrie Township in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Uwharrie Township, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
46 Days19 Days-57.8%

Summary: Homes in Uwharrie Township had an average of 19 days on market in Nov 2024, down by 57.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Uwharrie Township; 75% of homes were sold within 30 days, 25% 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 21 Days Ago

Newest Listings in Uwharrie Township, NC

Nearby Markets to Uwharrie Township, NC

What housing markets are near Uwharrie Township, NC?