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 neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Uwharrie Township was a Seller's Market.

Key Takeaway

Uwharrie Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Uwharrie Township, NC

How much do homes in Uwharrie Township, NC cost?

Median Sold Price

$347,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,500(+8.3%)

Key Takeaway

Homes in Uwharrie Township have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Uwharrie Township was $347,000 in October 2024, up 8.3% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $191.5K$352.5K
+84.1%
3 $348.5K$347K
-0.4%
4 $862.6K$305K
-64.6%
5+ --
N/A

Summary: Uwharrie 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 84.1%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 64.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Troy Township
+9.3%
Uwharrie Township
+8.3%
Eldorado Township
-3.7%

Housing Supply in Uwharrie Township, NC

How many homes are available in Uwharrie Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2734+25.9%

Summary: The Uwharrie Township real estate market had 34 homes for sale in October 2024, a 25.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2126
+23.8%
4 01
+100.0%
5+ 00
0.0%

Summary: The Uwharrie 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 increased by 16.7%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Uwharrie Township in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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 2023Oct 2024CHANGE
53 Days55 Days+2.9%

Summary: Homes in Uwharrie Township had an average of 55 days on market in Oct 2024, up by 2.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 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 October 2024, 5 homes were sold in Uwharrie Township; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 4 Days Ago

Newest Listings in Uwharrie Township, NC

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