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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grassy Creek Township is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Grassy Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Grassy Creek Township, NC

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

Median Sold Price

$292,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,750(+10.5%)

Key Takeaway

Homes in Grassy Creek Township have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Grassy Creek Township was $292,000 in November 2024, up 10.5% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K$250K
+66.7%
2 $270K$223K
-17.4%
3 $251K$300K
+19.5%
4 $335K$391.5K
+16.9%
5+ $772.5K$437K
-43.4%

Summary: Grassy Creek Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 43.4%.

Housing Supply in Grassy Creek Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4443-2.3%

Summary: The Grassy Creek Township real estate market had 43 homes for sale in November 2024, a 2.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 129
-25.0%
3 2226
+18.2%
4 54
-20.0%
5+ 43
-25.0%

Summary: The Grassy 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 decreased by 25%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grassy Creek Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Grassy Creek Township in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Grassy Creek Township, NC

How long does it take to sell a home in Grassy Creek Township, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
88 Days42 Days-52.1%

Summary: Homes in Grassy Creek Township had an average of 42 days on market in Nov 2024, down by 52.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Grassy Creek Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 2 Days Ago

Newest Listings in Grassy Creek Township, NC

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