Liz Brown, Listing Office: Compass -- Cary
Meredith Township Housing Market Report December 2024•Wake County, North Carolina
Housing Prices in Meredith Township, NC
How much do homes in Meredith Township, NC cost?
Housing Market Conditions
Is Meredith Township, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Meredith Township is a Seller's Market
Difference Since December 2023
Since last year, Meredith Township has remained a Seller's Market.
Meredith 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 Meredith Township have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Meredith Township was $591,975 in December 2024, up 1.2% from last year, and the median price per square foot was $276.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Cary Township | $574.2K | $615.7K | +7.2% |
Raleigh Township | $420.9K | $450K | +6.9% |
Raleigh | $421.4K | $449.9K | +6.8% |
House Creek Township | $429.4K | $440K | +2.5% |
Meredith Township | $585K | $591.9K | +1.2% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $205K | $239K | +16.6% |
22 Bedrooms | $348.7K | $336K | -3.7% |
33 Bedrooms | $570K | $591.9K | +3.9% |
44 Bedrooms | $745K | $700.2K | -6.0% |
55+ Bedrooms | $1.1M | $1.3M | +16.0% |
Summary: Meredith Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +16.6%. The home price for 2 bedroom homes decreased by -3.7%. The home price for 3 bedroom homes increased by +3.9%. The home price for 4 bedroom homes decreased by -6.0%. The home price for 5 bedroom homes increased by +16.0%.
Housing supply in Meredith Township, NC
How many homes are available in Meredith Township, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
40Last MonthDec 2024 | ||
492 months agoNov 2024 | -18.4 % Change MoMNov – Dec |
Summary: The Meredith Township real estate market had 40 homes for sale in Dec 2024, a 18.4 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
14Last MonthDec 2024 | ||
132 months agoNov 2024 | +7.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 8 | 6 | -25.0% |
33 Bedrooms | 25 | 22 | -12.0% |
44 Bedrooms | 13 | 11 | -15.4% |
55+ Bedrooms | 3 | 1 | -66.7% |
Summary: Meredith Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -12.0%. The inventory for 4 bedroom homes decreased by -15.4%. The inventory for 5 bedroom homes decreased by -66.7%.
Asking Price vs. Sold Price
How much do homes in Meredith Township, NC cost?
Over Asking Price3 Homes
At Asking Price6 Homes
Under Asking Price5 Homes
If you're buying a home in Meredith Township, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in Meredith Township in December 2024, up by 7.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 43% were sold at asking, and and 21% were sold over asking.
Days on Market for Meredith Township, NC
How long does it take to sell a home in Meredith Township, NC?
Breakdown of Home Sale Times
Under 30 Days10 Homes
30 – 90 Days4 Homes
Over 90 Days0 Home
Many homes in Meredith Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 14 homes were sold in Meredith Township; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
19 DaysThis YearDec 2024 | ||
49 Days1 year agoDec 2023 | -60.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Meredith Township had an average listing age of 19 days in Dec 2024, down by 60.0% compared to the previous year.
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Newest Listings in Meredith Township, NC
What homes are available in Meredith Township, NC?
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MLS Disclaimers and Copyright
Based on information from Doorify MLS, and Hive MLS for the period 01/01/2023 - 01/01/2025
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: 1/17/2025, 5:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 5:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.