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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peters Creek Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Peters Creek Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Peters Creek Township, NC

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

Median Sold Price

$96,000

$59/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$19,000(-16.5%)

Key Takeaway

Homes in Peters Creek Township have sold for 16.5% less than they did a month ago.

Summary: The median home sold price in Peters Creek Township was $96,000 in October 2024, down 16.5% from last month, and the median price per square foot was $59.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $115K-
N/A
2 --
N/A
3 -$96K
N/A
4 --
N/A
5+ --
N/A

Summary: Peters Creek Township housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Big Creek Township
+118.9%
Peters Creek Township
-16.5%

Housing Supply in Peters Creek Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
65-16.7%

Summary: The Peters Creek Township real estate market had 5 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 11
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Peters Creek Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peters Creek Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Peters Creek Township in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Peters Creek Township, NC

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

Average Sale Time

Sep 2024Oct 2024CHANGE
33 Days224 Days+578.8%

Summary: Homes in Peters Creek Township had an average of 224 days on market in Oct 2024, up by 578.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Peters Creek Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Peters Creek Township, NC

Nearby Markets to Peters Creek Township, NC