$2,256 Closing Credit¹
#1172607, Brian Biggs, Listing Office: Allred & Company, REALTORS
New Market Township Housing Market Report February 2025•Randolph County, North Carolina
Housing Prices in New Market Township, NC
How much do homes in New Market Township, NC cost?
Housing Market Conditions
Is New Market Township, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Market Township is a Seller's Market
Difference Since February 2024
At the same time last year, New Market Township was a Buyer's Market.
Insight
New Market Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$242,000$172/SqFt
-$41,250
-14.6%
Based on all homes sold in the last 12 months
Insight
Homes in New Market Township have sold for 14.6% less than they did a year ago.
Summary: The median home sold price in New Market Township was $242,000 in February 2025, down 14.6% from last year, and the median price per square foot was $172.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Randleman | $250K | $270K | +8.0% |
| Randleman Township | $253.5K | $270K | +6.5% |
| Sophia | $272.5K | $280K | +2.8% |
| New Market Township | $283.2K | $242K | -14.6% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $437K | $194.2K | -55.5% |
| 33 Bedrooms | $278.5K | $244.5K | -12.2% |
| 44 Bedrooms | $223.5K | $565K | +152.8% |
| 55+ Bedrooms | $1.7M | $490K | -72.6% |
Summary: New Market Township housing price by bedroom type for February 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 -55.5%. The home price for 3 bedroom homes decreased by -12.2%. The home price for 4 bedroom homes increased by +152.8%. The home price for 5 bedroom homes decreased by -72.6%.
How does New Market Township, NC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
New Market Township, NC
Housing supply in New Market Township, NC
How many homes are available in New Market Township, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14Last MonthFeb 2025 | ||
| 182 months agoJan 2025 | -22.2 % Change MoMJan – Feb |
Summary: The New Market Township real estate market had 14 homes for sale in Feb 2025, a 22.2 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthFeb 2025 | ||
| 52 months agoJan 2025 | +20.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 15 | 11 | -26.7% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: New Market Township housing inventory by bedroom type for February 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 -26.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in New Market Township, NC cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price5 Homes
Insight
If you're buying a home in New Market Township, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in New Market Township in February 2025, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and and 0% were sold over asking.
Days on Market for New Market Township, NC
How long does it take to sell a home in New Market Township, NC?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days3 Homes
Insight
Most homes in New Market Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 6 homes were sold in New Market Township; 33% of homes were sold within 30 days, 17% 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 |
|---|---|---|
| 135 DaysThis YearFeb 2025 | ||
| 33 Days1 year agoFeb 2024 | +309.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in New Market Township had an average listing age of 135 days in Feb 2025, up by 309.1% compared to the previous year.
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Newest Listings in New Market Township, NC
What homes are available in New Market Township, NC?
$10,000 Closing Credit¹
#1171072, Kristin Adams, Listing Office: Allen Tate - Greensboro
#1170026, Dan Anderson, Listing Office: Anderson Realty & Investments
#1162956, Tonya Farlow Bennett, Listing Office: Price Realtors-Randleman
$3,562 Closing Credit¹
#1158963, Tonya Farlow Bennett, Listing Office: Price Realtors-Randleman
3D tour
$5,641 Closing Credit¹
#1148876, Nathan D. Hepler, Listing Office: Hepler Realty
#1122064, Tonya Farlow Bennett, Listing Office: Price Realtors-Randleman
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MLS Disclaimers and Copyright
Based on information from Triad MLS Inc, for the period 03/01/2023 - 03/01/2025
Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.