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

Since last month, Warsaw Township has remained a Seller'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

$185,000

$131/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$98,000(-34.6%)

Key Takeaway

Homes in Warsaw Township have sold for 34.6% less than they did a month ago.

Summary: The median home sold price in Warsaw Township was $185,000 in May 2024, down 34.6% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $283K$185K
-34.6%
4 -$93K
N/A
5+ --
N/A

Summary: Warsaw Township housing prices by bedroom type for May 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 34.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kenansville Township
+8.0%
Warsaw Township
-34.6%
Warsaw
-34.6%

Housing Supply in Warsaw Township, NC

How many homes are available in Warsaw Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1618+12.5%

Summary: The Warsaw Township real estate market had 18 homes for sale in May 2024, a 12.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1414
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Warsaw Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warsaw Township, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Warsaw Township in May 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% 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

Apr 2024May 2024CHANGE
39 Days11 Days-69.9%

Summary: Homes in Warsaw Township had an average of 11 days on market in May 2024, down by 69.9% compared to last month.

Breakdown of Home Sale Times

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

Summary: During May 2024, 7 homes were sold in Warsaw Township; 86% of homes were sold within 30 days, 14% 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 3 Days Ago

Newest Listings in Warsaw Township, NC

Nearby Markets to Warsaw Township, NC

What housing markets are near Warsaw Township, NC?