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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Falling Creek Township is a buyer's market

Buyer's
Market

Difference Since November 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

$254,900

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+21.4%)

Key Takeaway

Homes in Falling Creek Township have sold for 21.4% more than they did a year ago.

Summary: The median home sold price in Falling Creek Township was $254,900 in November 2024, up 21.4% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $132.5K$109.9K
-17.1%
3 $210.9K$251.9K
+19.4%
4 $355K$298K
-16.1%
5+ $1.1M$660K
-40.0%

Summary: Falling Creek Township housing prices by bedroom type for November 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 19.4%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes decreased by 40%.

Median Sold Price Compared To Nearby Cities

Falling Creek Township
+21.4%
Moseley Hall Township
+7.6%
Kinston
+5.6%

Housing Supply in Falling Creek Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3034+13.3%

Summary: The Falling Creek Township real estate market had 34 homes for sale in November 2024, a 13.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2426
+8.3%
4 46
+50.0%
5+ 11
0.0%

Summary: The Falling Creek Township housing inventory by bedroom type for November 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 8.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Falling Creek Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Falling Creek Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
39 Days36 Days-8.6%

Summary: Homes in Falling Creek Township had an average of 36 days on market in Nov 2024, down by 8.6% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 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.

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 Falling Creek Township, NC

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What housing markets are near Falling Creek Township, NC?