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 May 2023
Since last year, Falling Creek Township has remained a Seller's Market.
Housing Prices in Falling Creek Township, NC
How much do homes in Falling Creek Township, NC cost?
Median Sold Price
$215,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Falling Creek Township was $215,000 in May 2024, up 9.1% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $130.2K | $109.9K | -15.6% |
3 Bedrooms | $207K | $214K | +3.4% |
4 Bedrooms | $372.5K | $249K | -33.2% |
5+ Bedrooms | - | $880K | N/A |
Summary: Falling Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.6%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 33.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Institute Township | $209.9K | $231.9K | +10.5% |
Falling Creek Township | $197K | $215K | +9.1% |
Neuse Township | $162.4K | $170K | +4.6% |
Kinston | $173.6K | $180.6K | +4.0% |
Moseley Hall Township | $250.1K | $250K | -0.1% |
Housing Supply in Falling Creek Township, NC
How many homes are available in Falling Creek Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 23 | -8.0% |
Summary: The Falling Creek Township real estate market had 23 homes for sale in May 2024, a 8.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 18 | 16 | -11.1% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Falling Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Falling Creek Township in May 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
51 Days | 30 Days | -41.5% |
Summary: Homes in Falling Creek Township had an average of 30 days on market in May 2024, down by 41.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Falling Creek Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.