$159,000
Land
Listing Office: Carolina Mountain Realty, Inc.
Is Crabtree Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Crabtree Township was a Neutral Market.
Key Takeaway
Crabtree Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crabtree Township, NC
How much do homes in Crabtree Township, NC cost?
Median Sold Price
$321,000
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$66,000(+25.9%)
Key Takeaway
Homes in Crabtree Township have sold for 25.9% more than they did a year ago.
Summary: The median home sold price in Crabtree Township was $321,000 in November 2024, up 25.9% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | - | N/A |
| 2 Bedrooms | $165K | $299K | +81.2% |
| 3 Bedrooms | $315.7K | $400K | +26.7% |
| 4 Bedrooms | $201.7K | $280K | +38.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Crabtree Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 81.2%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 38.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Crabtree Township | $255K | $321K | +25.9% |
| Grassy Creek Township | $264.2K | $292K | +10.5% |
Housing Supply in Crabtree Township, NC
How many homes are available in Crabtree Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Crabtree Township real estate market had 16 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Crabtree Township 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 increased by 25%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crabtree Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Crabtree Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Crabtree Township, NC
How long does it take to sell a home in Crabtree Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 142 Days | +468.0% |
Summary: Homes in Crabtree Township had an average of 142 days on market in Nov 2024, up by 468% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Crabtree Township has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Crabtree Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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