#10074483, Carolyn Nelson, Listing Office: Let's Move Realty
Bingham Township Housing Market Report January 2025•Orange County, North Carolina
Housing Prices in Bingham Township, NC
How much do homes in Bingham Township, NC cost?
Housing Market Conditions
Is Bingham Township, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Bingham Township is a Seller's Market
Difference Since January 2024
At the same time last year, Bingham Township was a Buyer's Market.
Bingham Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Bingham Township have sold for 13.2% less than they did a year ago.
Summary: The median home sold price in Bingham Township was $480,500 in January 2025, down 13.2% from last year, and the median price per square foot was $270.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Baldwin Township | $603K | $641K | +6.3% |
Chapel Hill Township | $648.1K | $662.3K | +2.2% |
Cheeks Township | $375K | $370K | -1.3% |
Bingham Township | $553.5K | $480.5K | -13.2% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $315K | $280K | -11.1% |
33 Bedrooms | $472.5K | $481K | +1.8% |
44 Bedrooms | $908.5K | $812.5K | -10.6% |
55+ Bedrooms | $4.9M | - | N/A |
Summary: Bingham Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -11.1%. The home price for 3 bedroom homes increased by +1.8%. The home price for 4 bedroom homes decreased by -10.6%. The home price for 5 bedroom homes did not change.
Housing supply in Bingham Township, NC
How many homes are available in Bingham Township, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
19Last MonthJan 2025 | ||
212 months agoDec 2024 | -9.5 % Change MoMDec – Jan |
Summary: The Bingham Township real estate market had 19 homes for sale in Jan 2025, a 9.5 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthJan 2025 | ||
42 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 0 | 1 | +100.0% |
33 Bedrooms | 14 | 12 | -14.3% |
44 Bedrooms | 6 | 5 | -16.7% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Bingham Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -14.3%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Bingham Township, NC cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price3 Homes
If you're buying a home in Bingham Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Bingham Township in January 2025, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for Bingham Township, NC
How long does it take to sell a home in Bingham Township, NC?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days2 Homes
Most homes in Bingham Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 4 homes were sold in Bingham Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
72 DaysThis YearJan 2025 | ||
74 Days1 year agoJan 2024 | -2.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Bingham Township had an average listing age of 72 days in Jan 2025, down by 2.0% compared to the previous year.
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Newest Listings in Bingham Township, NC
What homes are available in Bingham Township, NC?
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MLS Disclaimers and Copyright
Based on information from Doorify MLS, and Triad MLS Inc for the period 02/01/2023 - 02/01/2025
![IDX](https://rocket.com/homes/mls-logos/IDX_111_large.png)
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
![IDX](https://rocket.com/homes/mls-logos/IDX_110.png)
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:55:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.