$3,741 Closing Credit*
$315,000
2,014 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100475883, Listing Office: KINSTON REALTY GROUP
Is Falling Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Falling Creek Township was a Seller's Market.
Key Takeaway
Falling Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Falling Creek Township, NC
How much do homes in Falling Creek Township, NC cost?
Median Sold Price
$245,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,050(+16.1%)
Key Takeaway
Homes in Falling Creek Township have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in Falling Creek Township was $245,000 in October 2024, up 16.1% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $132.5K | $109.9K | -17.1% |
| 3 Bedrooms | $212K | $232.7K | +9.8% |
| 4 Bedrooms | $302K | $302.9K | 0.3% |
| 5+ Bedrooms | $1.1M | $660K | -40.0% |
Summary: Falling Creek Township 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 17.1%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 40%.
Median Sold Price Compared To Nearby Cities
| Falling Creek Township | $210.9K | $245K | +16.1% |
| Moseley Hall Township | $250K | $269K | +7.6% |
| Kinston | $180K | $185K | +2.8% |
Housing Supply in Falling Creek Township, NC
How many homes are available in Falling Creek Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Falling Creek Township real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Falling 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Falling Creek Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Falling Creek Township in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Falling Creek Township, NC
How long does it take to sell a home in Falling Creek Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 39 Days | +56.8% |
Summary: Homes in Falling Creek Township had an average of 39 days on market in Oct 2024, up by 56.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Falling Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Falling Creek Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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