Is Winston Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Winston Township has remained a Seller's Market.
Housing Prices in Winston Township, NC
How much do homes in Winston Township, NC cost?
Median Sold Price
$265,211
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Winston Township was $265,211 in May 2024, up 2.1% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149.9K | $153.5K | +2.4% |
2 Bedrooms | $158.8K | $179.5K | +13.0% |
3 Bedrooms | $256.1K | $263.8K | +3.0% |
4 Bedrooms | $360K | $374K | +3.9% |
5+ Bedrooms | $528.6K | $660K | +24.9% |
Summary: Winston Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 24.9%.
Median Sold Price Compared To Nearby Cities
Winston Township | $259.8K | $265.2K | +2.1% |
Winston-Salem | $259.9K | $265.1K | +2.0% |
Broadbay Township | $274.9K | $270K | -1.8% |
South Fork Township | $310K | $299.5K | -3.4% |
Middle Fork II Township | $375K | $340K | -9.3% |
Housing Supply in Winston Township, NC
How many homes are available in Winston Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
965 | 989 | +2.5% |
Summary: The Winston Township real estate market had 989 homes for sale in May 2024, a 2.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 13 | -7.1% |
2 Bedrooms | 183 | 180 | -1.6% |
3 Bedrooms | 532 | 547 | +2.8% |
4 Bedrooms | 182 | 191 | +4.9% |
5+ Bedrooms | 54 | 58 | +7.4% |
Summary: The Winston Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
282 | 282 | 0.0% |
Asking Price vs. Sold Price
124 Homes Were Sold
Under Asking
58 Homes Were Sold
At Asking
100 Homes Were Sold
Over Asking
Summary: A total of 282 homes were sold or pending in Winston Township in May 2024, the same as the previous month. Of the 282 sold homes, 44% were sold under asking, 21% were sold at asking, and 35% were sold over asking.
Days on Market for Winston Township, NC
How long does it take to sell a home in Winston Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 27 Days | +27.7% |
Summary: Homes in Winston Township had an average of 27 days on market in May 2024, up by 27.7% compared to last year.
Breakdown of Home Sale Times
205 Homes Were Sold
Under 30 Days
58 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During May 2024, 282 homes were sold in Winston Township; 73% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.