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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Liberty Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in North Liberty Township, NC

How much do homes in North Liberty Township, NC cost?

Median Sold Price

$265,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$40,000(+17.8%)

Key Takeaway

Homes in North Liberty Township have sold for 17.8% more than they did a year ago.

Summary: The median home sold price in North Liberty Township was $265,000 in May 2024, up 17.8% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $215K$230K
+7.0%
3 $250K$265K
+6.0%
4 $305K$300K
-1.6%
5+ -$475K
N/A

Summary: North Liberty 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 increased by 7%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Liberty Township
+17.8%
Yadkinville
+11.3%
South Liberty Township
-8.3%

Housing Supply in North Liberty Township, NC

How many homes are available in North Liberty Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1814-22.2%

Summary: The North Liberty Township real estate market had 14 homes for sale in May 2024, a 22.2% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 148
-42.9%
4 34
+33.3%
5+ 00
0.0%

Summary: The North Liberty Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

7 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 North Liberty Township, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in North Liberty Township in May 2024, up by 60.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.

Days on Market for North Liberty Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
38 Days45 Days+18.0%

Summary: Homes in North Liberty Township had an average of 45 days on market in May 2024, up by 18% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 8 homes were sold in North Liberty Township; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 2 Days Ago

Newest Listings in North Liberty Township, NC

Nearby Markets to North Liberty Township, NC