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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grays Creek Township is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Grays Creek Township has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Grays Creek Township, NC

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

Median Sold Price

$375,500

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,500(+10.4%)

Key Takeaway

Homes in Grays Creek Township have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Grays Creek Township was $375,500 in October 2024, up 10.4% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $56.5K-
N/A
3 $304.9K$325K
+6.6%
4 $350K$385K
+10.0%
5+ $399K$430K
+7.8%

Summary: Grays 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 did not change, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Cities

Grays Creek Township
+10.4%
Parkton Township
+7.6%
Rockfish Township
+1.6%
Cedar Creek Township
-3.5%

Housing Supply in Grays Creek Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7067-4.3%

Summary: The Grays Creek Township real estate market had 67 homes for sale in October 2024, a 4.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2224
+9.1%
4 3733
-10.8%
5+ 109
-10.0%

Summary: The Grays Creek Township housing inventory by bedroom type for October 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 9.1%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grays Creek Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Grays Creek Township in October 2024, down by 35.7% month-over-month. Of the 9 sold homes, 22% were sold under asking, 67% were sold at asking, and 11% were sold over asking.

Days on Market for Grays Creek Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days35 Days-17.4%

Summary: Homes in Grays Creek Township had an average of 35 days on market in Oct 2024, down by 17.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Grays Creek Township; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% 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 Grays Creek Township, NC

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