Is Creedmoor, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Creedmoor is a seller's market

Buyer's
Market

Difference Since October 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 October 2023

+$3,300(+1.0%)

Key Takeaway

Homes in Creedmoor have sold for 1% more than they did a year ago.

Summary: The median home sold price in Creedmoor was $350,000 in October 2024, up 1% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $330K$225K
-31.8%
3 $325K$315K
-3.1%
4 $410K$400K
-2.4%
5+ $422.5K$419.9K
-0.6%

Summary: Creedmoor 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 31.8%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Cities

Brassfield Township
+8.2%
Dutchville Township
+2.6%
Butner
+1.9%
Creedmoor
+1.0%

Housing Supply in Creedmoor, NC

How many homes are available in Creedmoor, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5051+2.0%

Summary: The Creedmoor real estate market had 51 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1920
+5.3%
4 2221
-4.5%
5+ 67
+16.7%

Summary: The Creedmoor 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 increased by 5.3%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Creedmoor, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Creedmoor in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% 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

Oct 2023Oct 2024CHANGE
46 Days27 Days-41.6%

Summary: Homes in Creedmoor had an average of 27 days on market in Oct 2024, down by 41.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Creedmoor; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% 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

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