Is Carr Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carr Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Carr Township has remained a Seller's Market.

Key Takeaway

Carr Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Carr Township, NC

How much do homes in Carr Township, NC cost?

Median Sold Price

$514,000

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$32,000(+6.6%)

Key Takeaway

Homes in Carr Township have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Carr Township was $514,000 in May 2024, up 6.6% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $439K$500K
+13.9%
3 $500K$509.5K
+1.9%
4 $612.2K$547.5K
-10.6%
5+ $640K$640K
0.0%

Summary: Carr Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bartons Creek Township
+7.0%
Carr Township
+6.6%
Leesville Township
+4.4%
Durham
+3.0%
Oak Grove Township
-2.6%

Housing Supply in Carr Township, NC

How many homes are available in Carr Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7371-2.7%

Summary: The Carr Township real estate market had 71 homes for sale in May 2024, a 2.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1919
0.0%
3 3735
-5.4%
4 1313
0.0%
5+ 44
0.0%

Summary: The Carr Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
2116-23.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carr Township, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Carr Township in May 2024, down by 23.8% month-over-month. Of the 16 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.

Days on Market for Carr Township, NC

How long does it take to sell a home in Carr Township, NC?

Average Sale Time

May 2023May 2024CHANGE
73 Days9 Days-87.7%

Summary: Homes in Carr Township had an average of 9 days on market in May 2024, down by 87.7% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Carr Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 16 homes were sold in Carr Township; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Carr Township, NC

Nearby Markets to Carr Township, NC

What housing markets are near Carr Township, NC?