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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stony Creek Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Stony Creek Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Stony Creek Township, NC

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

Median Sold Price

$247,250

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,250(+3.0%)

Key Takeaway

Homes in Stony Creek Township have sold for 3% more than they did a year ago.

Summary: The median home sold price in Stony Creek Township was $247,250 in October 2024, up 3% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K$36.9K
-75.4%
2 $152.5K$137K
-10.2%
3 $218.7K$227.9K
+4.2%
4 $290K$300.5K
+3.6%
5+ $308K$340K
+10.4%

Summary: Stony Creek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.4%, 2 bedroom homes decreased by 10.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Cities

Red Oak Township
+18.6%
Stony Creek Township
+3.0%
Rocky Mount
-1.1%
Oak Level Township
-7.7%

Housing Supply in Stony Creek Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86101+17.4%

Summary: The Stony Creek Township real estate market had 101 homes for sale in October 2024, a 17.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 30
-100.0%
3 5367
+26.4%
4 2427
+12.5%
5+ 67
+16.7%

Summary: The Stony 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 100%, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1219+58.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stony Creek Township, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Stony Creek Township in October 2024, up by 58.3% month-over-month. Of the 19 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% were sold over asking.

Days on Market for Stony Creek Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
81 Days37 Days-54.1%

Summary: Homes in Stony Creek Township had an average of 37 days on market in Oct 2024, down by 54.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 19 homes were sold in Stony Creek Township; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% 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 Stony Creek Township, NC

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What housing markets are near Stony Creek Township, NC?