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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Oak Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, White Oak Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in White Oak Township, NC

How much do homes in White Oak Township, NC cost?

Median Sold Price

$272,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,700(+1.8%)

Key Takeaway

Homes in White Oak Township have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in White Oak Township was $272,000 in October 2024, up 1.8% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $152K$157.5K
+3.6%
3 $249.6K$253.6K
+1.6%
4 $300K$307.7K
+2.6%
5+ $412.7K$422K
+2.2%

Summary: White Oak 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 3.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Cities

Hofmann Forest
+5.9%
White Oak Township
+1.8%
Maysville
-3.6%
Maysville
-3.6%

Housing Supply in White Oak Township, NC

How many homes are available in White Oak Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
193186-3.6%

Summary: The White Oak Township real estate market had 186 homes for sale in October 2024, a 3.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2424
0.0%
3 10099
-1.0%
4 6154
-11.5%
5+ 89
+12.5%

Summary: The White Oak 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 decreased by 1%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3351+54.5%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Oak Township, expect to pay close to the asking price. 43.1% of homes here sold near the asking price last month.

Summary: A total of 51 homes were sold or pending in White Oak Township in October 2024, up by 54.5% month-over-month. Of the 51 sold homes, 31% were sold under asking, 43% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
35 Days32 Days-8.3%

Summary: Homes in White Oak Township had an average of 32 days on market in Oct 2024, down by 8.3% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 51 homes were sold in White Oak Township; 59% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 White Oak Township, NC

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What housing markets are near White Oak Township, NC?