Is Avery Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Avery Creek Township has remained a Seller's Market.
Housing Prices in Avery Creek Township, NC
How much do homes in Avery Creek Township, NC cost?
Median Sold Price
$589,950
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Avery Creek Township was $589,950 in May 2024, up 3.5% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $315K | $310K | -1.6% |
3 Bedrooms | $510.9K | $566.2K | +10.8% |
4 Bedrooms | $794.2K | $872.5K | +9.9% |
5+ Bedrooms | $792.8K | $890K | +12.3% |
Summary: Avery Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Cities
Mills River | $537.5K | $615K | +14.4% |
Mills River Township | $445K | $473.6K | +6.4% |
Avery Creek Township | $570.2K | $589.9K | +3.5% |
Arden | $470.5K | $456.8K | -2.9% |
Limestone Township | $503K | $473.2K | -5.9% |
Housing Supply in Avery Creek Township, NC
How many homes are available in Avery Creek Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
72 | 83 | +15.3% |
Summary: The Avery Creek Township real estate market had 83 homes for sale in May 2024, a 15.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 31 | 40 | +29.0% |
4 Bedrooms | 26 | 25 | -3.8% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Avery Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 29%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Avery Creek Township in May 2024, up by 55.6% month-over-month. Of the 14 sold homes, 36% were sold under asking, 36% were sold at asking, and 29% were sold over asking.
Days on Market for Avery Creek Township, NC
How long does it take to sell a home in Avery Creek Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
47 Days | 50 Days | +5.7% |
Summary: Homes in Avery Creek Township had an average of 50 days on market in May 2024, up by 5.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Avery Creek Township; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.