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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warsaw Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Warsaw Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Warsaw Township, NC

How much do homes in Warsaw Township, NC cost?

Median Sold Price

$169,500

$146/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$40,400(-19.2%)

Key Takeaway

Homes in Warsaw Township have sold for 19.2% less than they did a month ago.

Summary: The median home sold price in Warsaw Township was $169,500 in October 2024, down 19.2% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$139K
N/A
3 $209.9K$202K
-3.8%
4 -$90K
N/A
5+ --
N/A

Summary: Warsaw Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Warsaw Township
-19.2%
Warsaw
-19.2%
Turkey Township
-55.7%

Housing Supply in Warsaw Township, NC

How many homes are available in Warsaw Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1820+11.1%

Summary: The Warsaw Township real estate market had 20 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1315
+15.4%
4 33
0.0%
5+ 11
0.0%

Summary: The Warsaw 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 remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
18+700.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warsaw Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Warsaw Township in October 2024, up by 700.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for Warsaw Township, NC

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

Average Sale Time

Sep 2024Oct 2024CHANGE
68 Days29 Days-56.6%

Summary: Homes in Warsaw Township had an average of 29 days on market in Oct 2024, down by 56.6% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Warsaw Township; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 20 Days Ago

Newest Listings in Warsaw Township, NC

Nearby Markets to Warsaw Township, NC

What housing markets are near Warsaw Township, NC?