Is Mountain 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, Mountain Creek Township has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $820K | N/A |
2 Bedrooms | $500K | $377K | -24.6% |
3 Bedrooms | $418.5K | $437K | +4.4% |
4 Bedrooms | $699K | $650K | -7.0% |
5+ Bedrooms | $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 | $901.6K | $1.1M | +24.2% |
Catawba Township | $280K | $299K | +6.8% |
Sherrills Ford | $425K | $428.7K | +0.9% |
Mountain Creek Township | $455K | $451.7K | -0.7% |
Denver | $488.1K | $477.7K | -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 2024 | May 2024 | CHANGE |
---|---|---|
141 | 161 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 18 | +80.0% |
3 Bedrooms | 55 | 63 | +14.5% |
4 Bedrooms | 69 | 72 | +4.3% |
5+ Bedrooms | 6 | 7 | +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 2024 | May 2024 | CHANGE |
---|---|---|
18 | 35 | +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
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 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 40 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
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.