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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belews Creek is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Belews Creek has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Belews Creek, NC

How much do homes in Belews Creek, NC cost?

Median Sold Price

$279,000

$147/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$281,000(-50.2%)

Key Takeaway

Homes in Belews Creek have sold for 50.2% less than they did a month ago.

Summary: The median home sold price in Belews Creek was $279,000 in November 2024, down 50.2% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $900K-
N/A
3 $220K$279K
+26.8%
4 --
N/A
5+ --
N/A

Summary: Belews 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 increased by 26.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Belews Creek, NC

How many homes are available in Belews Creek, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
89+12.5%

Summary: The Belews Creek real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 68
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Belews 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 decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belews Creek, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Belews Creek in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Belews Creek, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
67 Days32 Days-51.6%

Summary: Homes in Belews Creek had an average of 32 days on market in Nov 2024, down by 51.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Belews Creek; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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

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