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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belews Creek Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Belews Creek Township was a Seller's Market.

Key Takeaway

Belews Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Belews Creek Township, NC

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

Median Sold Price

$316,888

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,888(+5.6%)

Key Takeaway

Homes in Belews Creek Township have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Belews Creek Township was $316,888 in October 2024, up 5.6% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $306.5K$289K
-5.7%
3 $281.2K$287.5K
+2.2%
4 $555K$477.4K
-14.0%
5+ -$425K
N/A

Summary: Belews Creek Township 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 5.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Belews Creek
+30.6%
Salem Chapel Township
+12.0%
Belews Creek Township
+5.6%
Oak Ridge Township
+5.4%
Oak Ridge
-2.0%

Housing Supply in Belews Creek Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
16160.0%

Summary: The Belews Creek Township real estate market had 16 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 88
0.0%
4 66
0.0%
5+ 00
0.0%

Summary: The Belews Creek Township 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
72-71.4%

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 Township, 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 Township in October 2024, down by 71.4% 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 Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days67 Days+75.3%

Summary: Homes in Belews Creek Township had an average of 67 days on market in Oct 2024, up by 75.3% 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Belews Creek Township; 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 17 Days Ago

Newest Listings in Belews Creek Township, NC

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What housing markets are near Belews Creek Township, NC?