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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Neills Creek Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Neills Creek Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Neills Creek Township, NC

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

Median Sold Price

$379,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,100(+5.3%)

Key Takeaway

Homes in Neills Creek Township have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Neills Creek Township was $379,000 in November 2024, up 5.3% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $180K$210.5K
+17.0%
3 $351.9K$378.2K
+7.5%
4 $389.6K$377.4K
-3.1%
5+ $469.9K$489.9K
+4.3%

Summary: Neills 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 17%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Cities

Grove Township
+9.1%
Lillington
+7.5%
Lillington Township
+6.4%
Neills Creek Township
+5.3%
Black River Township
+1.0%

Housing Supply in Neills Creek Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6352-17.5%

Summary: The Neills Creek Township real estate market had 52 homes for sale in November 2024, a 17.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 3830
-21.1%
4 1816
-11.1%
5+ 76
-14.3%

Summary: The Neills 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 21.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Neills Creek Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Neills Creek Township in November 2024, down by 66.7% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Neills Creek Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
91 Days86 Days-5.6%

Summary: Homes in Neills Creek Township had an average of 86 days on market in Nov 2024, down by 5.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Neills Creek Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Neills Creek Township; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% 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 Neills Creek Township, NC

Nearby Markets to Neills Creek Township, NC

What housing markets are near Neills Creek Township, NC?