$49,900
4.19 Acres
Land
Stephen Gwaltney, Listing Office: Dan River Real Estate-Pilot Mt
Is Westfield Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Westfield Township was a Seller's Market.
Key Takeaway
Westfield 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 Westfield Township, NC
How much do homes in Westfield Township, NC cost?
Median Sold Price
$359,250
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$107,750(+42.8%)
Key Takeaway
Homes in Westfield Township have sold for 42.8% more than they did a year ago.
Summary: The median home sold price in Westfield Township was $359,250 in October 2024, up 42.8% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $215K | $392.4K | +82.5% |
| 3 Bedrooms | $264.5K | $344.5K | +30.2% |
| 4 Bedrooms | $290K | $387K | +33.4% |
| 5+ Bedrooms | $95K | - | N/A |
Summary: Westfield 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 82.5%, 3 bedroom homes increased by 30.2%, 4 bedroom homes increased by 33.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Westfield Township | $251.5K | $359.2K | +42.8% |
| Quaker Gap Township | $194K | $269K | +38.7% |
| Mount Airy Township | $225K | $230K | +2.2% |
Housing Supply in Westfield Township, NC
How many homes are available in Westfield Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Summary: The Westfield Township real estate market had 12 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Westfield 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westfield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Westfield Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Westfield Township, NC
How long does it take to sell a home in Westfield Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 88 Days | +35.4% |
Summary: Homes in Westfield Township had an average of 88 days on market in Oct 2024, up by 35.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Westfield Township has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Westfield Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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