$250,000
50.00 Acres
Land
#100480297, Listing Office: Advance Land and Timber, LLC
Is White Oak Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, White Oak Township has remained a Neutral Market.
Key Takeaway
White Oak 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 White Oak Township, NC
How much do homes in White Oak Township, NC cost?
Median Sold Price
$600,000
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,875(+9.1%)
Key Takeaway
Homes in White Oak Township have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in White Oak Township was $600,000 in November 2024, up 9.1% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $304.5K | $302.5K | -0.7% |
| 2 Bedrooms | $412K | $428K | +3.9% |
| 3 Bedrooms | $537.5K | $589.9K | +9.7% |
| 4 Bedrooms | $660K | $696.2K | +5.5% |
| 5+ Bedrooms | $1.4M | $1.2M | -15.8% |
Summary: White Oak Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 15.8%.
Housing Supply in White Oak Township, NC
How many homes are available in White Oak Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 210 | 208 | -1.0% |
Summary: The White Oak Township real estate market had 208 homes for sale in November 2024, a 1.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 28 | 29 | +3.6% |
| 3 Bedrooms | 110 | 103 | -6.4% |
| 4 Bedrooms | 52 | 50 | -3.8% |
| 5+ Bedrooms | 14 | 18 | +28.6% |
Summary: The White Oak Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 3.6%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in White Oak Township, you may be able to get a good deal. 74.2% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in White Oak Township in November 2024, up by 14.8% month-over-month. Of the 31 sold homes, 74% were sold under asking, 26% were sold at asking, and 0% were sold over asking.
Days on Market for White Oak Township, NC
How long does it take to sell a home in White Oak Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 102 Days | +89.8% |
Summary: Homes in White Oak Township had an average of 102 days on market in Nov 2024, up by 89.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in White Oak Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 31 homes were sold in White Oak Township; 23% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
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