Is Abbotts Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Abbotts Creek Township has remained a Seller's Market.
Housing Prices in Abbotts Creek Township, NC
How much do homes in Abbotts Creek Township, NC cost?
Median Sold Price
$365,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Abbotts Creek Township was $365,000 in April 2024, up 6% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | - | N/A |
2 Bedrooms | $280.2K | $267K | -4.7% |
3 Bedrooms | $306.6K | $335K | +9.2% |
4 Bedrooms | $385K | $399.5K | +3.8% |
5+ Bedrooms | $469.2K | $459.2K | -2.1% |
Summary: Abbotts Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 2.1%.
Median Sold Price Compared To Nearby Cities
Abbotts Creek Township | $344.2K | $365K | +6.0% |
Kernersville | $325K | $339.9K | +4.6% |
Kernersville Township | $324.9K | $339.7K | +4.5% |
Deep River Township | $398K | $381.1K | -4.2% |
Colfax | $425K | $406.2K | -4.4% |
Housing Supply in Abbotts Creek Township, NC
How many homes are available in Abbotts Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 102 | +2.0% |
Summary: The Abbotts Creek Township real estate market had 102 homes for sale in April 2024, a 2.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 52 | 59 | +13.5% |
4 Bedrooms | 33 | 26 | -21.2% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Abbotts Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 35 | +75.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Abbotts Creek Township in April 2024, up by 75.0% month-over-month. Of the 35 sold homes, 20% were sold under asking, 63% were sold at asking, and 17% were sold over asking.
Days on Market for Abbotts Creek Township, NC
How long does it take to sell a home in Abbotts Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 44 Days | -17.8% |
Summary: Homes in Abbotts Creek Township had an average of 44 days on market in Apr 2024, down by 17.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Abbotts Creek Township; 57% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.