$5,938 Closing Credit*
$500,000
960 SqFt
3 Beds
•1 Full Bath
Listing Office: Keller Williams Professionals
Is Flat 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, Flat Creek Township was a Neutral Market.
Key Takeaway
Flat Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Flat Creek Township, NC
How much do homes in Flat Creek Township, NC cost?
Median Sold Price
$457,180
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,180(+3.9%)
Key Takeaway
Homes in Flat Creek Township have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Flat Creek Township was $457,180 in October 2024, up 3.9% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $438K | - | N/A |
| 2 Bedrooms | $377.5K | $329K | -12.8% |
| 3 Bedrooms | $448.5K | $437K | -2.6% |
| 4 Bedrooms | $508.7K | $570K | +12.0% |
| 5+ Bedrooms | $725.7K | $732K | +0.9% |
Summary: Flat 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 12.8%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Cities
| Reems Creek Township | $487.4K | $538.5K | +10.5% |
| Flat Creek Township | $440K | $457.1K | +3.9% |
| French Broad Township | $429.9K | $444.8K | +3.5% |
| Ivy Township | $498.2K | $410K | -17.7% |
| Barnardsville | $540K | $387.5K | -28.2% |
Housing Supply in Flat Creek Township, NC
How many homes are available in Flat Creek Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 27 | -10.0% |
Summary: The Flat Creek Township real estate market had 27 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Flat Creek Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Flat 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 6 homes were sold or pending in Flat Creek Township in October 2024, down by 45.5% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Flat Creek Township, NC
How long does it take to sell a home in Flat Creek Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 44 Days | -8.8% |
Summary: Homes in Flat Creek Township had an average of 44 days on market in Oct 2024, down by 8.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Flat Creek Township has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Flat Creek Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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