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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marks Creek Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Marks Creek Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Marks Creek Township, NC

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

Median Sold Price

$98,000

$80/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$111,825(-53.3%)

Key Takeaway

Homes in Marks Creek Township have sold for 53.3% less than they did a month ago.

Summary: The median home sold price in Marks Creek Township was $98,000 in November 2024, down 53.3% from last month, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $209.8K$98K
-53.3%
4 -$134.5K
N/A
5+ --
N/A

Summary: Marks 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 53.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Marks Creek Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3734-8.1%

Summary: The Marks Creek Township real estate market had 34 homes for sale in November 2024, a 8.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 2419
-20.8%
4 68
+33.3%
5+ 11
0.0%

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 20.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marks Creek Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Marks Creek Township in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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 2024Nov 2024CHANGE
25 Days26 Days+3.3%

Summary: Homes in Marks Creek Township had an average of 26 days on market in Nov 2024, up by 3.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Marks Creek Township; 67% of homes were sold within 30 days, 33% 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 2 Days Ago

Newest Listings in Marks Creek Township, NC

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