#10078862, Mollie Owen, Haley Sims, Listing Office: Hodge & Kittrell Sotheby's Int
New Light Township Housing Market Report January 2025•Wake County, North Carolina
Housing Prices in New Light Township, NC
How much do homes in New Light Township, NC cost?
Housing Market Conditions
Is New Light Township, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Light Township is a Seller's Market
Difference Since January 2024
At the same time last year, New Light Township was a Neutral Market.
New Light 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 New Light Township have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in New Light Township was $905,000 in January 2025, down 3.7% from last year, and the median price per square foot was $244.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Bartons Creek Township | $900K | $1.0M | +11.1% |
Carr Township | $481K | $525K | +9.1% |
Dutchville Township | $310K | $325K | +4.8% |
Wake Forest Township | $499.9K | $502.5K | 0.5% |
New Light Township | $939.9K | $905K | -3.7% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $118K | - | N/A |
22 Bedrooms | $327.5K | $280K | -14.5% |
33 Bedrooms | $595K | $620K | +4.2% |
44 Bedrooms | $965K | $914.9K | -5.2% |
55+ Bedrooms | $990K | $1.2M | +26.3% |
Summary: New Light 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 -14.5%. The home price for 3 bedroom homes increased by +4.2%. The home price for 4 bedroom homes decreased by -5.2%. The home price for 5 bedroom homes increased by +26.3%.
Housing supply in New Light Township, NC
How many homes are available in New Light Township, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
57Last MonthJan 2025 | ||
572 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The New Light Township real estate market had 57 homes for sale in Jan 2025, the same as Dec 2024
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthJan 2025 | ||
102 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 0 | 0 | 0.0% |
33 Bedrooms | 11 | 8 | -27.3% |
44 Bedrooms | 35 | 36 | +2.9% |
55+ Bedrooms | 10 | 12 | +20.0% |
Summary: New Light 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 remained the same. The inventory for 3 bedroom homes decreased by -27.3%. The inventory for 4 bedroom homes increased by +2.9%. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in New Light Township, NC cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price8 Homes
If you're buying a home in New Light Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in New Light Township in January 2025, the same as the previous month. Of the 10 sold homes, 80% were sold under asking, 20% were sold at asking, and and 0% were sold over asking.
Days on Market for New Light Township, NC
How long does it take to sell a home in New Light Township, NC?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days3 Homes
Over 90 Days4 Homes
Most homes in New Light Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 10 homes were sold in New Light Township; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
102 DaysThis YearJan 2025 | ||
83 Days1 year agoJan 2024 | +21.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in New Light Township had an average listing age of 102 days in Jan 2025, up by 21.8% compared to the previous year.
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Newest Listings in New Light Township, NC
What homes are available in New Light Township, NC?
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MLS Disclaimers and Copyright
Based on information from Doorify MLS, and Hive MLS for the period 02/01/2023 - 02/01/2025
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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: 2/28/2025, 10:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/28/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.