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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lower Creek Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Lower Creek Township has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Lower Creek Township, NC

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

Median Sold Price

$71,400

$50/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$98,600(-58.0%)

Key Takeaway

Homes in Lower Creek Township have sold for 58% less than they did a month ago.

Summary: The median home sold price in Lower Creek Township was $71,400 in November 2024, down 58% from last month, and the median price per square foot was $50.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $170K$71.4K
-58.0%
4 --
N/A
5+ --
N/A

Summary: Lower Creek Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 58%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Smoky Creek Township
-21.1%
Lower Creek Township
-58.0%

Housing Supply in Lower Creek Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
89+12.5%

Summary: The Lower Creek Township real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 88
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Lower 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lower 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 1 homes were sold or pending in Lower Creek Township in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lower Creek Township, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
61 Days9 Days-85.2%

Summary: Homes in Lower Creek Township had an average of 9 days on market in Nov 2024, down by 85.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Lower Creek Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Lower Creek Township, NC

Nearby Markets to Lower Creek Township, NC

What housing markets are near Lower Creek Township, NC?