$5,338 Closing Credit*
$449,500
2,673 SqFt
3 Beds
•2 Full Baths, 1 Partial
Randy Turner, Listing Office: Keller Williams Realty Elite
Is Reedy Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Reedy Creek Township has remained a Seller's Market.
Key Takeaway
Reedy Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Reedy Creek Township, NC
How much do homes in Reedy Creek Township, NC cost?
Median Sold Price
$397,591
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$92,591(+30.4%)
Key Takeaway
Homes in Reedy Creek Township have sold for 30.4% more than they did a year ago.
Summary: The median home sold price in Reedy Creek Township was $397,591 in October 2024, up 30.4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $125K | +25.0% |
| 2 Bedrooms | $227.9K | - | N/A |
| 3 Bedrooms | $302K | $315.7K | +4.5% |
| 4 Bedrooms | $310K | $437K | +40.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Reedy Creek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes did not change, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 40.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Reedy Creek Township | $305K | $397.5K | +30.4% |
| Arcadia Township | $327.4K | $365K | +11.5% |
| Tyro Township | $283.4K | $305.5K | +7.8% |
| Hampton Township | $410K | $437K | +6.6% |
Housing Supply in Reedy Creek Township, NC
How many homes are available in Reedy Creek Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Reedy Creek Township real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Reedy Creek Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Reedy Creek Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Reedy Creek Township in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Reedy Creek Township, NC
How long does it take to sell a home in Reedy Creek Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 53 Days | -34.8% |
Summary: Homes in Reedy Creek Township had an average of 53 days on market in Oct 2024, down by 34.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Reedy Creek Township has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Reedy Creek Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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