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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bear Creek is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Bear Creek was a Neutral Market.

Key Takeaway

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

Housing Prices in Bear Creek, NC

How much do homes in Bear Creek, NC cost?

Median Sold Price

$435,000

$227/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$105,000(-19.4%)

Key Takeaway

Homes in Bear Creek have sold for 19.4% less than they did a month ago.

Summary: The median home sold price in Bear Creek was $435,000 in November 2024, down 19.4% from last month, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $540K$235K
-56.5%
4 -$635K
N/A
5+ --
N/A

Summary: Bear Creek housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 56.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Goldston
+247.9%
Gulf Township
+63.9%
Bear Creek
-19.4%
Bear Creek Township
-19.4%

Housing Supply in Bear Creek, NC

How many homes are available in Bear Creek, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
76-14.3%

Summary: The Bear Creek real estate market had 6 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Bear Creek housing inventory by bedroom type for November 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bear Creek, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bear Creek in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bear Creek, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
4 Days10 Days+162.5%

Summary: Homes in Bear Creek had an average of 10 days on market in Nov 2024, up by 162.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Bear Creek; 100% of homes were sold within 30 days, 0% 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 22 Days Ago

Newest Listings in Bear Creek, NC

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