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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland Creek is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Highland Creek 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 Highland Creek, NC

How much do homes in Highland Creek, NC cost?

Median Sold Price

$430,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,700(+3.8%)

Key Takeaway

Homes in Highland Creek have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Highland Creek was $430,000 in November 2024, up 3.8% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $330.5K$325K
-1.7%
3 $390K$397.9K
+2.0%
4 $437.5K$479K
+9.5%
5+ $559.2K$574.5K
+2.7%

Summary: Highland Creek 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 1.7%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Neighborhoods

Highland Creek
+3.8%
Eastfield Village
-18.5%

Housing Supply in Highland Creek, NC

How many homes are available in Highland Creek, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4246+9.5%

Summary: The Highland Creek real estate market had 46 homes for sale in November 2024, a 9.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1921
+10.5%
4 1516
+6.7%
5+ 68
+33.3%

Summary: The Highland Creek 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 50%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland Creek, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Highland Creek in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Highland Creek, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days36 Days+41.5%

Summary: Homes in Highland Creek had an average of 36 days on market in Nov 2024, up by 41.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Highland Creek; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 Highland Creek, NC

Nearby Markets to Highland Creek, NC