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$8,371 Closing Credit¹
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New Light Township Housing Market Report December 2024•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 December 2023
Since last year, New Light Township has remained a Seller's Market.
Insight
New Light Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$902,095$244/SqFt
-$37,835
-4.0%
Based on all homes sold in the last 12 months
Insight
Homes in New Light Township have sold for 4% less than they did a year ago.
Summary: The median home sold price in New Light Township was $902,095 in December 2024, down 4% from last year, and the median price per square foot was $244.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Bartons Creek Township | $900K | $1.0M | +11.1% |
| Carr Township | $480K | $526.3K | +9.7% |
| Dutchville Township | $310K | $325K | +4.8% |
| Wake Forest Township | $499.9K | $500.2K | 0.1% |
| New Light Township | $939.9K | $902K | -4.0% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $118K | - | N/A |
| 22 Bedrooms | $395K | $270K | -31.6% |
| 33 Bedrooms | $641K | $597.5K | -6.8% |
| 44 Bedrooms | $965K | $914.9K | -5.2% |
| 55+ Bedrooms | $974.9K | $1.3M | +33.3% |
Summary: New Light Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -31.6%. The home price for 3 bedroom homes decreased by -6.8%. The home price for 4 bedroom homes decreased by -5.2%. The home price for 5 bedroom homes increased by +33.3%.
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 |
|---|---|---|
| 54Last MonthDec 2024 | ||
| 652 months agoNov 2024 | -16.9 % Change MoMNov – Dec |
Summary: The New Light Township real estate market had 54 homes for sale in Dec 2024, a 16.9 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthDec 2024 | ||
| 122 months agoNov 2024 | -16.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 11 | 10 | -9.1% |
| 44 Bedrooms | 38 | 32 | -15.8% |
| 55+ Bedrooms | 16 | 11 | -31.3% |
Summary: New Light Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -9.1%. The inventory for 4 bedroom homes decreased by -15.8%. The inventory for 5 bedroom homes decreased by -31.3%.
Asking Price vs. Sold Price
How much do homes in New Light Township, NC cost?
Over Asking Price1 Home
At Asking Price5 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in New Light Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in New Light Township in December 2024, down by 16.7% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and and 10% 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 Days4 Homes
30 – 90 Days2 Homes
Over 90 Days4 Homes
Insight
Many homes in New Light Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 10 homes were sold in New Light Township; 40% of homes were sold within 30 days, 20% 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 |
|---|---|---|
| 93 DaysThis YearDec 2024 | ||
| 123 Days1 year agoDec 2023 | -24.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in New Light Township had an average listing age of 93 days in Dec 2024, down by 24.4% 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?
New - 2 days on Rocket
$10,000 Closing Credit¹
Jim Allen, Listing Office: Coldwell Banker HPW
$10,000 Closing Credit¹
Christopher Sean Clayton, Listing Office: Navigate Realty
$10,000 Closing Credit¹
Morgan Womble, Listing Office: Compass -- Raleigh
$10,000 Closing Credit¹
Morgan Womble, Listing Office: Compass -- Raleigh
Video tour
$10,000 Closing Credit¹
Philip Donahoo, Amy Donahoo, Listing Office: Compass -- Raleigh
$10,000 Closing Credit¹
Garrett Hazen, Listing Office: Realty One Group Greener Side
$10,000 Closing Credit¹
Mollie Owen, Haley Sims, Listing Office: Hodge & Kittrell Sotheby's Int
$8,372 Closing Credit¹
Taraleigh Franco, Kirsten Verissimo, Listing Office: Relevate Real Estate Inc.
$9,500 Closing Credit¹
Garrett Hazen, Listing Office: Realty One Group Greener Side
$7,410 Closing Credit¹
Shadia Hamzy, Listing Office: Allen Tate/Wake Forest
$10,000 Closing Credit¹
Dana Ellington, Listing Office: Compass -- Raleigh
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MLS Disclaimers and Copyright
Based on information from Doorify MLS, for the period 01/01/2023 - 01/01/2025
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 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: 1/29/2025, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.