$4,691 Closing Credit*
$395,000
2,238 SqFt
3 Beds
•3 Full Baths
Paul Russell, Listing Office: Coldwell Banker HPW
Is Creedmoor, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Creedmoor has remained a Seller's Market.
Key Takeaway
Creedmoor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Creedmoor, NC
How much do homes in Creedmoor, NC cost?
Median Sold Price
$350,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+1.4%)
Key Takeaway
Homes in Creedmoor have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Creedmoor was $350,000 in November 2024, up 1.4% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $220K | -33.3% |
| 3 Bedrooms | $321K | $320K | -0.3% |
| 4 Bedrooms | $410K | $395.2K | -3.6% |
| 5+ Bedrooms | $422.5K | $424.9K | +0.6% |
Summary: Creedmoor 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 decreased by 33.3%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Cities
| Brassfield Township | $440K | $497.5K | +13.1% |
| Dutchville Township | $310K | $320K | +3.2% |
| Creedmoor | $345K | $350K | +1.4% |
| Butner | $314.9K | $318K | +1.0% |
Housing Supply in Creedmoor, NC
How many homes are available in Creedmoor, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 39 | -22.0% |
Summary: The Creedmoor real estate market had 39 homes for sale in November 2024, a 22.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 20 | 13 | -35.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Creedmoor 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 decreased by 66.7%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 35%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Creedmoor, expect to pay close to the asking price. 85.7% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Creedmoor in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 86% were sold at asking, and 0% were sold over asking.
Days on Market for Creedmoor, NC
How long does it take to sell a home in Creedmoor, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 53 Days | -14.9% |
Summary: Homes in Creedmoor had an average of 53 days on market in Nov 2024, down by 14.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Creedmoor are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Creedmoor; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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