Is Emmons 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, Emmons Township has remained a Seller's Market.
Housing Prices in Emmons Township, NC
How much do homes in Emmons Township, NC cost?
Median Sold Price
$221,340
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Emmons Township was $221,340 in May 2024, up 10.7% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $40K | N/A |
2 Bedrooms | $185K | $160K | -13.5% |
3 Bedrooms | $200K | $220.6K | +10.3% |
4 Bedrooms | $262.9K | $252.9K | -3.8% |
5+ Bedrooms | $169.5K | - | N/A |
Summary: Emmons Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Silver Hill Township | $302.1K | $335K | +10.9% |
Emmons Township | $200K | $221.3K | +10.7% |
Concord Township | $344.8K | $373.6K | +8.3% |
Denton | $240K | $249K | +3.8% |
Tabernacle Township | $329K | $311K | -5.5% |
Housing Supply in Emmons Township, NC
How many homes are available in Emmons Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 31 | +10.7% |
Summary: The Emmons Township real estate market had 31 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 | 2 | 3 | +50.0% |
2 Bedrooms | 5 | 2 | -60.0% |
3 Bedrooms | 19 | 24 | +26.3% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Emmons Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 26.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 10 | +233.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Emmons Township in May 2024, up by 233.3% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for Emmons Township, NC
How long does it take to sell a home in Emmons Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
68 Days | 48 Days | -29.4% |
Summary: Homes in Emmons Township had an average of 48 days on market in May 2024, down by 29.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Emmons Township; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.