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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middle Creek Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Middle Creek Township has remained a Seller's Market.

Key Takeaway

Middle Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Middle Creek Township, NC

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

Median Sold Price

$507,542

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,612(+8.0%)

Key Takeaway

Homes in Middle Creek Township have sold for 8% more than they did a year ago.

Summary: The median home sold price in Middle Creek Township was $507,542 in November 2024, up 8% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $368.9K$451.7K
+22.4%
3 $405.7K$401.9K
-0.9%
4 $516.6K$577.7K
+11.8%
5+ $598.1K$661.3K
+10.6%

Summary: Middle 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 22.4%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 10.6%.

Median Sold Price Compared To Nearby Cities

Holly Springs Township
+8.9%
Holly Springs
+8.8%
Middle Creek Township
+8.0%
Fuquay-Varina
+3.5%
Fuquay Varina
+3.3%

Housing Supply in Middle Creek Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
340302-11.2%

Summary: The Middle Creek Township real estate market had 302 homes for sale in November 2024, a 11.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2818
-35.7%
3 143127
-11.2%
4 136122
-10.3%
5+ 3335
+6.1%

Summary: The Middle 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 decreased by 35.7%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 6.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8863-28.4%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middle Creek Township, you may be able to get a good deal. 58.7% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in Middle Creek Township in November 2024, down by 28.4% month-over-month. Of the 63 sold homes, 59% were sold under asking, 21% were sold at asking, and 21% were sold over asking.

Days on Market for Middle Creek Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
83 Days53 Days-36.6%

Summary: Homes in Middle Creek Township had an average of 53 days on market in Nov 2024, down by 36.6% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 63 homes were sold in Middle Creek Township; 49% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

Newest Listings in Middle Creek Township, NC

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What housing markets are near Middle Creek Township, NC?