Listing Office: KJ Realty LLC
Is Coddle Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Coddle Creek Township was a Seller's Market.
Key Takeaway
Coddle Creek Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Coddle Creek Township, NC
How much do homes in Coddle Creek Township, NC cost?
Median Sold Price
$440,766
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,481(+8.0%)
Key Takeaway
Homes in Coddle Creek Township have sold for 8% more than they did a year ago.
Summary: The median home sold price in Coddle Creek Township was $440,766 in October 2024, up 8% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $136K | $155K | +14.0% |
| 2 Bedrooms | $232K | $236.2K | +1.8% |
| 3 Bedrooms | $359.9K | $351.5K | -2.4% |
| 4 Bedrooms | $435K | $472.5K | +8.6% |
| 5+ Bedrooms | $515K | $525K | +1.9% |
Summary: Coddle Creek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Atwell Township | $320K | $353.5K | +10.5% |
| Coddle Creek Township | $408.2K | $440.7K | +8.0% |
| Mooresville | $465K | $493.4K | +6.1% |
| Barringer Township | $360K | $367.2K | +2.0% |
| Davidson Township | $643.4K | $623.2K | -3.1% |
Housing Supply in Coddle Creek Township, NC
How many homes are available in Coddle Creek Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 226 | 264 | +16.8% |
Summary: The Coddle Creek Township real estate market had 264 homes for sale in October 2024, a 16.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 20 | +53.8% |
| 3 Bedrooms | 93 | 106 | +14.0% |
| 4 Bedrooms | 85 | 91 | +7.1% |
| 5+ Bedrooms | 34 | 46 | +35.3% |
Summary: The Coddle 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 increased by 53.8%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 35.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 40 | -2.4% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coddle 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 40 homes were sold or pending in Coddle Creek Township in October 2024, down by 2.4% month-over-month. Of the 40 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Coddle Creek Township, NC
How long does it take to sell a home in Coddle Creek Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 38 Days | +2.6% |
Summary: Homes in Coddle Creek Township had an average of 38 days on market in Oct 2024, up by 2.6% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coddle Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 40 homes were sold in Coddle Creek Township; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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