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 neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Cross Creek Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cross Creek Township, NC

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

Median Sold Price

$230,800

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,737(+8.3%)

Key Takeaway

Homes in Cross Creek Township have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Cross Creek Township was $230,800 in November 2024, up 8.3% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $141.5K$90K
-36.4%
2 $120K$145K
+20.8%
3 $202.1K$224.9K
+11.3%
4 $311.4K$308K
-1.1%
5+ $398K$449.5K
+12.9%

Summary: Cross Creek Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.4%, 2 bedroom homes increased by 20.8%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 12.9%.

Median Sold Price Compared To Nearby Cities

Pearces Mill Township
+10.2%
Cross Creek Township
+8.3%
Carvers Creek Township
+6.7%
Fayetteville
+6.5%
Rockfish Township
+2.3%

Housing Supply in Cross Creek Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
388373-3.9%

Summary: The Cross Creek Township real estate market had 373 homes for sale in November 2024, a 3.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 5550
-9.1%
3 217212
-2.3%
4 8785
-2.3%
5+ 2826
-7.1%

Summary: The Cross Creek Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8359-28.9%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

16 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. 52.5% of homes here sold below asking price last month.

Summary: A total of 59 homes were sold or pending in Cross Creek Township in November 2024, down by 28.9% month-over-month. Of the 59 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% 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

Nov 2023Nov 2024CHANGE
51 Days48 Days-5.5%

Summary: Homes in Cross Creek Township had an average of 48 days on market in Nov 2024, down by 5.5% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

12 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 November 2024, 59 homes were sold in Cross Creek Township; 56% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 20% 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 21 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?