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 neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Town Creek Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Town Creek Township, NC

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

Median Sold Price

$379,991

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,218(+3.0%)

Key Takeaway

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

Summary: The median home sold price in Town Creek Township was $379,991 in October 2024, up 3% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $270K$285K
+5.6%
3 $351K$352.5K
0.4%
4 $432K$458.8K
+6.2%
5+ $469K$469K
0%

Summary: Town 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 5.6%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Leland
+6.2%
Bolivia
+3.6%
Town Creek Township
+3.0%
Boiling Spring Lakes
0.5%
Winnabow
-2.8%

Housing Supply in Town Creek Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
392418+6.6%

Summary: The Town Creek Township real estate market had 418 homes for sale in October 2024, a 6.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2729
+7.4%
3 237251
+5.9%
4 112123
+9.8%
5+ 1615
-6.3%

Summary: The Town 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 7.4%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 6.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6769+3.0%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

2 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. 69.6% of homes here sold below asking price last month.

Summary: A total of 69 homes were sold or pending in Town Creek Township in October 2024, up by 3.0% month-over-month. Of the 69 sold homes, 70% were sold under asking, 28% were sold at asking, and 3% 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

Oct 2023Oct 2024CHANGE
50 Days50 Days-0.9%

Summary: Homes in Town Creek Township had an average of 50 days on market in Oct 2024, down by 0.9% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Town Creek Township has remained consistent over time.

Summary: During October 2024, 69 homes were sold in Town Creek Township; 41% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% 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 16 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?