$5,344 Closing Credit*
$449,990
2,164 SqFt
3 Beds
•2 Full Baths, 1 Partial
Diane Masinick, Karla Hamilton, Listing Office: Garman Homes LLC
Is Marks 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
Since last year, Marks Creek Township has remained a Seller's Market.
Key Takeaway
Marks Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marks Creek Township, NC
How much do homes in Marks Creek Township, NC cost?
Median Sold Price
$389,900
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$12,946(-3.2%)
Key Takeaway
Homes in Marks Creek Township have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Marks Creek Township was $389,900 in October 2024, down 3.2% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160.3K | N/A |
| 2 Bedrooms | $366K | $378.9K | +3.6% |
| 3 Bedrooms | $379.7K | $349K | -8.1% |
| 4 Bedrooms | $457.4K | $419.4K | -8.3% |
| 5+ Bedrooms | $460.2K | $424.9K | -7.7% |
Summary: Marks 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 3.6%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Knightdale | $370.4K | $403.2K | +8.8% |
| Wilders Township | $390.2K | $410K | +5.0% |
| Little River Township | $349K | $342.6K | -1.8% |
| Wendell | $410K | $400K | -2.4% |
| Marks Creek Township | $402.8K | $389.9K | -3.2% |
Housing Supply in Marks Creek Township, NC
How many homes are available in Marks Creek Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 276 | 257 | -6.9% |
Summary: The Marks Creek Township real estate market had 257 homes for sale in October 2024, a 6.9% 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 | 10 | 10 | 0.0% |
| 3 Bedrooms | 158 | 147 | -7.0% |
| 4 Bedrooms | 86 | 80 | -7.0% |
| 5+ Bedrooms | 22 | 20 | -9.1% |
Summary: The Marks 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 decreased by 7%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 53 | +1.9% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marks Creek Township, you may be able to get a good deal. 62.3% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Marks Creek Township in October 2024, up by 1.9% month-over-month. Of the 53 sold homes, 62% were sold under asking, 28% were sold at asking, and 9% were sold over asking.
Days on Market for Marks Creek Township, NC
How long does it take to sell a home in Marks Creek Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 86 Days | 39 Days | -54.8% |
Summary: Homes in Marks Creek Township had an average of 39 days on market in Oct 2024, down by 54.8% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marks Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 53 homes were sold in Marks Creek Township; 51% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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