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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flat Creek Township is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Flat 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 Flat Creek Township, NC

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

Median Sold Price

$467,500

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,000(+5.2%)

Key Takeaway

Homes in Flat Creek Township have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in Flat Creek Township was $467,500 in November 2024, up 5.2% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $438K-
N/A
2 $380K$364.5K
-4.1%
3 $448.5K$442.1K
-1.4%
4 $526.2K$659.5K
+25.3%
5+ $725.7K$732K
+0.9%

Summary: Flat 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 4.1%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Cities

Flat Creek Township
+5.2%
Reems Creek Township
+3.2%
French Broad Township
-1.5%

Housing Supply in Flat Creek Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2520-20.0%

Summary: The Flat Creek Township real estate market had 20 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 31
-66.7%
3 1713
-23.5%
4 44
0.0%
5+ 00
0.0%

Summary: The Flat Creek Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

3 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 Flat 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 3 homes were sold or pending in Flat Creek Township in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
18 Days29 Days+58.6%

Summary: Homes in Flat Creek Township had an average of 29 days on market in Nov 2024, up by 58.6% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Flat 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Flat Creek Township, NC

Nearby Markets to Flat Creek Township, NC

What housing markets are near Flat Creek Township, NC?