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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crab Creek Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Crab Creek Township, NC

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

Median Sold Price

$565,000

$290/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$80,000(+16.5%)

Key Takeaway

Homes in Crab Creek Township have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in Crab Creek Township was $565,000 in October 2024, up 16.5% from last year, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $280K$305K
+8.9%
2 $325.7K$380K
+16.7%
3 $485K$557.5K
+14.9%
4 $797.7K$821K
+2.9%
5+ $1.7M$2.2M
+28.7%

Summary: Crab Creek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 28.7%.

Median Sold Price Compared To Nearby Cities

Zirconia
+30.9%
Green River Township
+25.9%
Little River Township
+21.3%
Crab Creek Township
+16.5%

Housing Supply in Crab Creek Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4541-8.9%

Summary: The Crab Creek Township real estate market had 41 homes for sale in October 2024, a 8.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 2722
-18.5%
4 66
0.0%
5+ 77
0.0%

Summary: The Crab 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 25%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crab Creek Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Crab Creek Township in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Crab Creek Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days45 Days+4.7%

Summary: Homes in Crab Creek Township had an average of 45 days on market in Oct 2024, up by 4.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Crab Creek Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in Crab Creek Township, NC

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What housing markets are near Crab Creek Township, NC?