$3,266 Closing Credit*
$275,000
1,536 SqFt
3 Beds
•1 Full Bath
Listing Office: Ivester Jackson Distinctive Properties
Is Lanes 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, Lanes Creek Township was a Seller's Market.
Key Takeaway
Lanes Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lanes Creek Township, NC
How much do homes in Lanes Creek Township, NC cost?
Median Sold Price
$367,500
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,600(+2.1%)
Key Takeaway
Homes in Lanes Creek Township have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Lanes Creek Township was $367,500 in October 2024, up 2.1% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | - | N/A |
| 2 Bedrooms | $315.8K | $275.7K | -12.7% |
| 3 Bedrooms | $330K | $328K | -0.6% |
| 4 Bedrooms | $389.9K | $439.9K | +12.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Lanes 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 12.7%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Marshville Township | $325K | $349.9K | +7.7% |
| Lanes Creek Township | $359.9K | $367.5K | +2.1% |
| Buford Township | $390K | $391.2K | 0.3% |
Housing Supply in Lanes Creek Township, NC
How many homes are available in Lanes Creek Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Lanes Creek Township real estate market had 23 homes for sale in October 2024, a 15.0% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lanes 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
3 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 Lanes 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 3 homes were sold or pending in Lanes Creek Township in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lanes Creek Township, NC
How long does it take to sell a home in Lanes Creek Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 31 Days | -57.2% |
Summary: Homes in Lanes Creek Township had an average of 31 days on market in Oct 2024, down by 57.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lanes Creek Township has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Lanes Creek Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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