Is Anderson Creek Township, 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, Anderson Creek Township has remained a Seller's Market.
Key Takeaway
Anderson Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Anderson Creek Township, NC
How much do homes in Anderson Creek Township, NC cost?
Median Sold Price
$315,094
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Anderson Creek Township have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Anderson Creek Township was $315,094 in May 2024, up 1.6% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | - | N/A |
| 2 Bedrooms | $209.5K | $211.2K | +0.8% |
| 3 Bedrooms | $278K | $284K | +2.2% |
| 4 Bedrooms | $327.3K | $349.5K | +6.8% |
| 5+ Bedrooms | $379K | $380K | 0.3% |
Summary: Anderson Creek 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 0.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Spring Lake | $290K | $299.9K | +3.4% |
| Carvers Creek Township | $288.6K | $295.2K | +2.3% |
| Spring Lake | $293.4K | $299.9K | +2.2% |
| Anderson Creek Township | $310K | $315K | +1.6% |
| Bunnlevel | $295K | $280K | -5.1% |
Housing Supply in Anderson Creek Township, NC
How many homes are available in Anderson Creek Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 177 | 165 | -6.8% |
Summary: The Anderson Creek Township real estate market had 165 homes for sale in May 2024, a 6.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 76 | 67 | -11.8% |
| 4 Bedrooms | 77 | 72 | -6.5% |
| 5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Anderson Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 | 38 | -15.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Anderson Creek Township, expect to pay close to the asking price. 42.1% of homes here sold near the asking price last month.
Summary: A total of 38 homes were sold or pending in Anderson Creek Township in May 2024, down by 15.6% month-over-month. Of the 38 sold homes, 39% were sold under asking, 42% were sold at asking, and 18% were sold over asking.
Days on Market for Anderson Creek Township, NC
How long does it take to sell a home in Anderson Creek Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 85 Days | 16 Days | -80.9% |
Summary: Homes in Anderson Creek Township had an average of 16 days on market in May 2024, down by 80.9% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Anderson Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 38 homes were sold in Anderson Creek Township; 82% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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