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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yanceyville Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Yanceyville Township was a Seller's Market.

Key Takeaway

Yanceyville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Yanceyville Township, NC

How much do homes in Yanceyville Township, NC cost?

Median Sold Price

$215,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$64,900(-23.2%)

Key Takeaway

Homes in Yanceyville Township have sold for 23.2% less than they did a year ago.

Summary: The median home sold price in Yanceyville Township was $215,000 in October 2024, down 23.2% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $60K$281K
+368.3%
2 $115K$67K
-41.7%
3 $245K$245K
0.0%
4 $390K$327.4K
-16.0%
5+ -$215K
N/A

Summary: Yanceyville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 368.3%, 2 bedroom homes decreased by 41.7%, 3 bedroom homes did not change, 4 bedroom homes decreased by 16%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Yanceyville
-12.2%
Yanceyville Township
-23.2%

Housing Supply in Yanceyville Township, NC

How many homes are available in Yanceyville Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2428+16.7%

Summary: The Yanceyville Township real estate market had 28 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 1112
+9.1%
4 66
0.0%
5+ 58
+60.0%

Summary: The Yanceyville 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 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yanceyville Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Yanceyville Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Yanceyville Township, NC

How long does it take to sell a home in Yanceyville Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
97 Days8 Days-91.8%

Summary: Homes in Yanceyville Township had an average of 8 days on market in Oct 2024, down by 91.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Yanceyville Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Yanceyville Township, NC

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