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 October 2023

Since last year, 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

$382,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$89,500(+30.6%)

Key Takeaway

Homes in Belews Creek have sold for 30.6% more than they did a year ago.

Summary: The median home sold price in Belews Creek was $382,000 in October 2024, up 30.6% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $483K$449K
-7.0%
3 $280K$275K
-1.8%
4 $678K$627K
-7.5%
5+ --
N/A

Summary: Belews Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Belews Creek
+30.6%
Sauratown Township
+16.5%
Stokesdale
+7.8%
Belews Creek Township
+5.6%
Oak Ridge Township
+5.4%

Housing Supply in Belews Creek, NC

How many homes are available in Belews Creek, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
78+14.3%

Summary: The Belews Creek real estate market had 8 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 46
+50.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Belews Creek housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Belews Creek in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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 2023Oct 2024CHANGE
73 Days67 Days-7.5%

Summary: Homes in Belews Creek had an average of 67 days on market in Oct 2024, down by 7.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 October 2024, 2 homes were sold in Belews Creek; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Belews Creek, NC

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