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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cross Creek Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Cross Creek Township has remained a Seller's Market.

Key Takeaway

Cross Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cross Creek Township, NC

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

Median Sold Price

$230,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+9.5%)

Key Takeaway

Homes in Cross Creek Township have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Cross Creek Township was $230,000 in October 2024, up 9.5% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $136.5K$90K
-34.1%
2 $120K$140K
+16.7%
3 $200K$220.1K
+10.0%
4 $310.3K$307.7K
-0.8%
5+ $383.7K$455.8K
+18.8%

Summary: Cross Creek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.1%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 18.8%.

Median Sold Price Compared To Nearby Cities

Pearces Mill Township
+10.3%
Cross Creek Township
+9.5%
Carvers Creek Township
+6.5%
Fayetteville
+6.2%
Rockfish Township
+1.6%

Housing Supply in Cross Creek Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
399395-1.0%

Summary: The Cross Creek Township real estate market had 395 homes for sale in October 2024, a 1.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 5057
+14.0%
3 211218
+3.3%
4 10793
-13.1%
5+ 3026
-13.3%

Summary: The Cross 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 14%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
9274-19.6%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cross Creek Township, you may be able to get a good deal. 59.5% of homes here sold below asking price last month.

Summary: A total of 74 homes were sold or pending in Cross Creek Township in October 2024, down by 19.6% month-over-month. Of the 74 sold homes, 59% were sold under asking, 24% were sold at asking, and 16% were sold over asking.

Days on Market for Cross Creek Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
59 Days34 Days-42.4%

Summary: Homes in Cross Creek Township had an average of 34 days on market in Oct 2024, down by 42.4% compared to last year.

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 74 homes were sold in Cross Creek Township; 59% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% 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 Cross Creek Township, NC

Nearby Markets to Cross Creek Township, NC

What housing markets are near Cross Creek Township, NC?