$7,582 Closing Credit*
$638,490
2,800 SqFt
3 Beds
•3 Full Baths
#100476834, Listing Office: Real Broker LLC
Is Island Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Island Creek Township was a Seller's Market.
Key Takeaway
Island Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Island Creek Township, NC
How much do homes in Island Creek Township, NC cost?
Median Sold Price
$255,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,000(+11.8%)
Key Takeaway
Homes in Island Creek Township have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Island Creek Township was $255,000 in October 2024, up 11.8% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $138K | $137K | -0.7% |
| 3 Bedrooms | $211.7K | $252K | +19.0% |
| 4 Bedrooms | $614.5K | $386K | -37.2% |
| 5+ Bedrooms | $750K | $850K | +13.3% |
Summary: Island 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 decreased by 0.7%, 3 bedroom homes increased by 19%, 4 bedroom homes decreased by 37.2%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Wallace | $228K | $310K | +36.0% |
| Island Creek Township | $228K | $255K | +11.8% |
| Teachey | $230.8K | $235K | +1.8% |
Housing Supply in Island Creek Township, NC
How many homes are available in Island Creek Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 | 79 | -6.0% |
Summary: The Island Creek Township real estate market had 79 homes for sale in October 2024, a 6.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 32 | 33 | +3.1% |
| 4 Bedrooms | 42 | 38 | -9.5% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Island 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 decreased by 60%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Island 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 7 homes were sold or pending in Island Creek Township in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Island Creek Township, NC
How long does it take to sell a home in Island Creek Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 58 Days | -4.2% |
Summary: Homes in Island Creek Township had an average of 58 days on market in Oct 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Island Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Island Creek Township; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.