$7,358 Closing Credit*
$619,580
2,784 SqFt
4 Beds
•3 Full Baths
Karla N Hamilton, Catherine Franks, 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 November 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
$394,569
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,330(-1.3%)
Key Takeaway
Homes in Marks Creek Township have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Marks Creek Township was $394,569 in November 2024, down 1.3% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160.3K | N/A |
| 2 Bedrooms | $362K | $378.9K | +4.7% |
| 3 Bedrooms | $375.6K | $349.8K | -6.9% |
| 4 Bedrooms | $436.5K | $421.4K | -3.5% |
| 5+ Bedrooms | $450K | $424.9K | -5.6% |
Summary: Marks Creek Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Knightdale | $370.4K | $410K | +10.7% |
| Wilders Township | $391.7K | $410K | +4.7% |
| Marks Creek Township | $399.9K | $394.5K | -1.3% |
| Wendell | $408.9K | $401.8K | -1.7% |
| Little River Township | $349.9K | $341.5K | -2.4% |
Housing Supply in Marks Creek Township, NC
How many homes are available in Marks Creek Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 270 | 232 | -14.1% |
Summary: The Marks Creek Township real estate market had 232 homes for sale in November 2024, a 14.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 156 | 137 | -12.2% |
| 4 Bedrooms | 86 | 75 | -12.8% |
| 5+ Bedrooms | 21 | 13 | -38.1% |
Summary: The Marks 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 decreased by 12.2%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 38.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 48 | -21.3% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
7 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. 45.8% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in Marks Creek Township in November 2024, down by 21.3% month-over-month. Of the 48 sold homes, 46% were sold under asking, 40% were sold at asking, and 15% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 35 Days | -49.6% |
Summary: Homes in Marks Creek Township had an average of 35 days on market in Nov 2024, down by 49.6% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 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 November 2024, 48 homes were sold in Marks Creek Township; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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