Is Neills 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
At the same time last year, Neills Creek Township was a Seller's Market.
Key Takeaway
Neills Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Neills Creek Township, NC
How much do homes in Neills Creek Township, NC cost?
Median Sold Price
$380,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Neills Creek Township have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Neills Creek Township was $380,000 in May 2024, up 5.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $218.2K | $180K | -17.5% |
| 3 Bedrooms | $334.9K | $379.9K | +13.5% |
| 4 Bedrooms | $419.9K | $374.9K | -10.7% |
| 5+ Bedrooms | $469.9K | $489.9K | +4.3% |
Summary: Neills 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 17.5%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Lillington | $316.5K | $335.4K | +6.0% |
| Neills Creek Township | $359.9K | $380K | +5.6% |
| Lillington Township | $324.8K | $342.1K | +5.3% |
| Grove Township | $274K | $275K | 0.4% |
| Black River Township | $350K | $349.1K | -0.3% |
Housing Supply in Neills Creek Township, NC
How many homes are available in Neills Creek Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 66 | 64 | -3.0% |
Summary: The Neills Creek Township real estate market had 64 homes for sale in May 2024, a 3.0% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 38 | 37 | -2.6% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Neills 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 remained the same, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Neills Creek Township, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Neills Creek Township in May 2024, up by 12.5% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for Neills Creek Township, NC
How long does it take to sell a home in Neills Creek Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 114 Days | 63 Days | -44.2% |
Summary: Homes in Neills Creek Township had an average of 63 days on market in May 2024, down by 44.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Neills Creek Township has remained consistent over time.
Summary: During May 2024, 9 homes were sold in Neills Creek Township; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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