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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountain Creek Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Mountain Creek Township, NC

How much do homes in Mountain Creek Township, NC cost?

Median Sold Price

$451,700

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$3,300(-0.7%)

Key Takeaway

Homes in Mountain Creek Township have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Mountain Creek Township was $451,700 in May 2024, down 0.7% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$820K
N/A
2 $500K$377K
-24.6%
3 $418.5K$437K
+4.4%
4 $699K$650K
-7.0%
5+ $357.9K$378.9K
+5.9%

Summary: Mountain 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 decreased by 24.6%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 5.9%.

Median Sold Price Compared To Nearby Cities

Terrell
+24.2%
Catawba Township
+6.8%
Sherrills Ford
+0.9%
Mountain Creek Township
-0.7%
Denver
-2.1%

Housing Supply in Mountain Creek Township, NC

How many homes are available in Mountain Creek Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
141161+14.2%

Summary: The Mountain Creek Township real estate market had 161 homes for sale in May 2024, a 14.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1018
+80.0%
3 5563
+14.5%
4 6972
+4.3%
5+ 67
+16.7%

Summary: The Mountain Creek 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 increased by 80%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1835+94.4%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountain Creek Township, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Mountain Creek Township in May 2024, up by 94.4% month-over-month. Of the 35 sold homes, 51% were sold under asking, 29% were sold at asking, and 20% were sold over asking.

Days on Market for Mountain Creek Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
24 Days40 Days+67.2%

Summary: Homes in Mountain Creek Township had an average of 40 days on market in May 2024, up by 67.2% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 35 homes were sold in Mountain Creek Township; 60% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 23% 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 Mountain Creek Township, NC

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