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 seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Neills Creek Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Neills Creek Township, NC

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

Median Sold Price

$379,990

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,090(+5.6%)

Key Takeaway

Homes in Neills Creek Township have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Neills Creek Township was $379,990 in October 2024, up 5.6% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $180K$210.5K
+17.0%
3 $334.9K$379.9K
+13.4%
4 $387.6K$379.9K
-2.0%
5+ $469.9K$489.9K
+4.3%

Summary: Neills 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 increased by 17%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Cities

Lillington
+7.7%
Lillington Township
+7.5%
Neills Creek Township
+5.6%
Grove Township
+5.6%
Black River Township
+0.9%

Housing Supply in Neills Creek Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6663-4.5%

Summary: The Neills Creek Township real estate market had 63 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 3837
-2.6%
4 1918
-5.3%
5+ 77
0.0%

Summary: The Neills 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 decreased by 50%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were 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. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Neills Creek Township in October 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% 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

Oct 2023Oct 2024CHANGE
156 Days99 Days-36.4%

Summary: Homes in Neills Creek Township had an average of 99 days on market in Oct 2024, down by 36.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 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 October 2024, 11 homes were sold in Neills Creek Township; 18% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 55% 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 16 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?