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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountain Creek Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Mountain Creek Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Mountain Creek Township, NC

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

Median Sold Price

$504,382

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$99,382(+24.5%)

Key Takeaway

Homes in Mountain Creek Township have sold for 24.5% more than they did a year ago.

Summary: The median home sold price in Mountain Creek Township was $504,382 in October 2024, up 24.5% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$820K
N/A
2 $480K$375.9K
-21.7%
3 $412.5K$470K
+13.9%
4 $469.5K$561.2K
+19.5%
5+ $363K$888.5K
+144.8%

Summary: Mountain 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 decreased by 21.7%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 144.8%.

Median Sold Price Compared To Nearby Cities

Mountain Creek Township
+24.5%
Sherrills Ford
+23.2%
Terrell
+10.1%
Catawba Township
+9.5%
Denver
+7.3%

Housing Supply in Mountain Creek Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
138166+20.3%

Summary: The Mountain Creek Township real estate market had 166 homes for sale in October 2024, a 20.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 99
0.0%
3 5469
+27.8%
4 7081
+15.7%
5+ 57
+40.0%

Summary: The Mountain 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 increased by 27.8%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1720+17.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountain Creek Township, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Mountain Creek Township in October 2024, up by 17.6% month-over-month. Of the 20 sold homes, 55% were sold under asking, 30% were sold at asking, and 15% were sold over asking.

Days on Market for Mountain Creek Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days49 Days+37.1%

Summary: Homes in Mountain Creek Township had an average of 49 days on market in Oct 2024, up by 37.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 20 homes were sold in Mountain Creek Township; 65% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 20% 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 Mountain Creek Township, NC

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