$6,827 Closing Credit*
$574,900
2,450 SqFt
3 Beds
•2 Full Baths, 1 Partial
Matthew Peedin, Listing Office: Keller Williams Realty Cary
Is Swift 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, Swift Creek Township has remained a Seller's Market.
Key Takeaway
Swift Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Swift Creek Township, NC
How much do homes in Swift Creek Township, NC cost?
Median Sold Price
$573,733
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,594(+6.2%)
Key Takeaway
Homes in Swift Creek Township have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Swift Creek Township was $573,733 in October 2024, up 6.2% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $295.5K | $315K | +6.6% |
| 3 Bedrooms | $400.2K | $435K | +8.7% |
| 4 Bedrooms | $675K | $740K | +9.6% |
| 5+ Bedrooms | $780K | $832K | +6.7% |
Summary: Swift 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 6.6%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Cary Township | $569.9K | $605.9K | +6.3% |
| Swift Creek Township | $540.1K | $573.7K | +6.2% |
| Raleigh Township | $418.8K | $442.2K | +5.6% |
| Garner | $399.4K | $400.3K | 0.2% |
| Panther Branch Township | $445.5K | $445K | -0.1% |
Housing Supply in Swift Creek Township, NC
How many homes are available in Swift Creek Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 183 | 198 | +8.2% |
Summary: The Swift Creek Township real estate market had 198 homes for sale in October 2024, a 8.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 25 | +25.0% |
| 3 Bedrooms | 70 | 77 | +10.0% |
| 4 Bedrooms | 70 | 70 | 0.0% |
| 5+ Bedrooms | 23 | 26 | +13.0% |
Summary: The Swift 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 increased by 25%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 39 | -15.2% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swift Creek Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Swift Creek Township in October 2024, down by 15.2% month-over-month. Of the 39 sold homes, 67% were sold under asking, 13% were sold at asking, and 21% were sold over asking.
Days on Market for Swift Creek Township, NC
How long does it take to sell a home in Swift Creek Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 81 Days | 40 Days | -50.0% |
Summary: Homes in Swift Creek Township had an average of 40 days on market in Oct 2024, down by 50% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Swift Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 39 homes were sold in Swift Creek Township; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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