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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Town Creek Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Town Creek Township was a Seller's Market.

Key Takeaway

Town Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Town Creek Township, NC

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

Median Sold Price

$379,980

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,070(+2.7%)

Key Takeaway

Homes in Town Creek Township have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Town Creek Township was $379,980 in November 2024, up 2.7% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $270.8K$273.2K
+0.9%
3 $350.3K$352K
0.5%
4 $429.9K$459.9K
+7.0%
5+ $469K$475K
+1.3%

Summary: Town Creek Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Cities

Leland
+5.8%
Town Creek Township
+2.7%
Winnabow
-1.8%
Boiling Spring Lakes
-1.9%
Bolivia
-3.0%

Housing Supply in Town Creek Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
415403-2.9%

Summary: The Town Creek Township real estate market had 403 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2726
-3.7%
3 249245
-1.6%
4 123118
-4.1%
5+ 1614
-12.5%

Summary: The Town Creek Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7056-20.0%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Town Creek Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in Town Creek Township in November 2024, down by 20.0% month-over-month. Of the 56 sold homes, 63% were sold under asking, 21% were sold at asking, and 16% were sold over asking.

Days on Market for Town Creek Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days56 Days+37.6%

Summary: Homes in Town Creek Township had an average of 56 days on market in Nov 2024, up by 37.6% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 56 homes were sold in Town Creek Township; 55% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 20% 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 Town Creek Township, NC

Nearby Markets to Town Creek Township, NC

What housing markets are near Town Creek Township, NC?