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 neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Grays 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 Grays Creek Township, NC

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

Median Sold Price

$372,500

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,833(+7.8%)

Key Takeaway

Homes in Grays Creek Township have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Grays Creek Township was $372,500 in November 2024, up 7.8% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $302.4K$320K
+5.8%
4 $355.7K$385.9K
+8.5%
5+ $404K$432.5K
+7.1%

Summary: Grays 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 did not change, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 7.1%.

Median Sold Price Compared To Nearby Cities

Grays Creek Township
+7.8%
Parkton Township
+6.5%
Rockfish Township
+2.3%
Cedar Creek Township
-1.4%

Housing Supply in Grays Creek Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6766-1.5%

Summary: The Grays Creek Township real estate market had 66 homes for sale in November 2024, a 1.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2823
-17.9%
4 3133
+6.5%
5+ 79
+28.6%

Summary: The Grays 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 decreased by 17.9%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

8 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. 72.7% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Grays Creek Township in November 2024, the same as the previous month. Of the 11 sold homes, 18% were sold under asking, 73% were sold at asking, and 9% 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

Nov 2023Nov 2024CHANGE
33 Days31 Days-4.5%

Summary: Homes in Grays Creek Township had an average of 31 days on market in Nov 2024, down by 4.5% compared to last year.

Breakdown of Home Sale Times

7 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 November 2024, 11 homes were sold in Grays Creek Township; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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 Grays Creek Township, NC

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