Is Burnsville Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Burnsville Township was a Seller's Market.
Housing Prices in Burnsville Township, NC
How much do homes in Burnsville Township, NC cost?
Median Sold Price
$303,500
$243/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Burnsville Township was $303,500 in May 2024, down 8.9% from last month, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $385.5K | $253.5K | -34.2% |
3 Bedrooms | $326K | $312K | -4.3% |
4 Bedrooms | $112.5K | $492K | +337.3% |
5+ Bedrooms | - | - | N/A |
Summary: Burnsville Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.2%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 337.3%, and 5+ bedroom homes did not change.
Housing Supply in Burnsville Township, NC
How many homes are available in Burnsville Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
103 | 114 | +10.7% |
Summary: The Burnsville Township real estate market had 114 homes for sale in May 2024, a 10.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 34 | 36 | +5.9% |
3 Bedrooms | 49 | 54 | +10.2% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Burnsville Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 14 | -22.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Burnsville Township in May 2024, down by 22.2% month-over-month. Of the 14 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% were sold over asking.
Days on Market for Burnsville Township, NC
How long does it take to sell a home in Burnsville Township, NC?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
78 Days | 27 Days | -64.9% |
Summary: Homes in Burnsville Township had an average of 27 days on market in May 2024, down by 64.9% compared to last month.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Burnsville Township; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.