$7,066 Closing Credit*
$595,000
2,080 SqFt
3 Beds
•3 Full Baths, 1 Partial
Listing Office: Lantern Realty & Development
Is Lower 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, Lower Creek Township was a Seller'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
$185,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$38,000(-17.0%)
Key Takeaway
Homes in Lower Creek Township have sold for 17% less than they did a year ago.
Summary: The median home sold price in Lower Creek Township was $185,000 in October 2024, down 17% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $82.5K | $117.5K | +42.4% |
| 3 Bedrooms | $228K | $194K | -14.9% |
| 4 Bedrooms | $219.9K | $160K | -27.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Lower 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 increased by 42.4%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 27.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Quaker Meadows Township | $315K | $385K | +22.2% |
| Lenoir Township | $214.9K | $246.9K | +14.9% |
| Morganton Township | $265K | $265.3K | 0.1% |
| Lower Creek Township | $223K | $185K | -17.0% |
Housing Supply in Lower Creek Township, NC
How many homes are available in Lower Creek Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Lower Creek Township real estate market had 9 homes for sale in October 2024, the same as 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 | 8 | 8 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lower 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 October 2024, down by 66.7% month-over-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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 61 Days | +1933.3% |
Summary: Homes in Lower Creek Township had an average of 61 days on market in Oct 2024, up by 1933.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lower Creek Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Lower Creek Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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