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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winston Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Winston Township, NC

How much do homes in Winston Township, NC cost?

Median Sold Price

$268,403

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,738(+2.6%)

Key Takeaway

Homes in Winston Township have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Winston Township was $268,403 in November 2024, up 2.6% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $162.4K$179.5K
+10.5%
2 $169.4K$182.6K
+7.8%
3 $260K$265K
+1.9%
4 $365K$376.6K
+3.2%
5+ $498.5K$622.5K
+24.9%

Summary: Winston Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 24.9%.

Median Sold Price Compared To Nearby Cities

Winston Township
+2.6%
Winston-Salem
+2.4%
Broadbay Township
-1.3%
South Fork Township
-4.1%
Middle Fork II Township
-8.3%

Housing Supply in Winston Township, NC

How many homes are available in Winston Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
961951-1.0%

Summary: The Winston Township real estate market had 951 homes for sale in November 2024, a 1.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 109
-10.0%
2 188193
+2.7%
3 488480
-1.6%
4 216214
-0.9%
5+ 5955
-6.8%

Summary: The Winston Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 6.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
234210-10.3%

Asking Price vs. Sold Price

111 Homes Were Sold
Under Asking

36 Homes Were Sold
At Asking

63 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winston Township, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 210 homes were sold or pending in Winston Township in November 2024, down by 10.3% month-over-month. Of the 210 sold homes, 53% were sold under asking, 17% were sold at asking, and 30% 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

Nov 2023Nov 2024CHANGE
25 Days32 Days+29.7%

Summary: Homes in Winston Township had an average of 32 days on market in Nov 2024, up by 29.7% compared to last year.

Breakdown of Home Sale Times

141 Homes Were Sold
Under 30 Days

51 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 210 homes were sold in Winston Township; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 9% 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 Winston Township, NC

Nearby Markets to Winston Township, NC

What housing markets are near Winston Township, NC?