Is Creedmoor, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Creedmoor has remained a Seller's Market.
Key Takeaway
Creedmoor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Creedmoor, NC
How much do homes in Creedmoor, NC cost?
Median Sold Price
$335,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Creedmoor have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Creedmoor was $335,000 in May 2024, down 3.6% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127K | - | N/A |
| 2 Bedrooms | $235K | $234K | -0.4% |
| 3 Bedrooms | $325K | $315K | -3.1% |
| 4 Bedrooms | $385K | $397.5K | +3.2% |
| 5+ Bedrooms | $383.5K | $424.9K | +10.8% |
Summary: Creedmoor 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 decreased by 0.4%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 10.8%.
Median Sold Price Compared To Nearby Cities
| Butner | $295K | $315K | +6.8% |
| Dutchville Township | $304K | $310K | +2.0% |
| Brassfield Township | $432K | $439.5K | +1.7% |
| Creedmoor | $347.4K | $335K | -3.6% |
Housing Supply in Creedmoor, NC
How many homes are available in Creedmoor, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 46 | 39 | -15.2% |
Summary: The Creedmoor real estate market had 39 homes for sale in May 2024, a 15.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 23 | 19 | -17.4% |
| 4 Bedrooms | 21 | 18 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Creedmoor 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 17.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Creedmoor, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Creedmoor in May 2024, up by 18.2% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.
Days on Market for Creedmoor, NC
How long does it take to sell a home in Creedmoor, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 73 Days | 11 Days | -84.6% |
Summary: Homes in Creedmoor had an average of 11 days on market in May 2024, down by 84.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Creedmoor are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Creedmoor; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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