Is Swift 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, Swift Creek Township has remained a Seller's Market.
Housing Prices in Swift Creek Township, NC
How much do homes in Swift Creek Township, NC cost?
Median Sold Price
$569,333
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Swift Creek Township was $569,333 in April 2024, up 8% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | - | N/A |
2 Bedrooms | $310K | $315K | +1.6% |
3 Bedrooms | $419.5K | $414.5K | -1.2% |
4 Bedrooms | $679.8K | $710.3K | +4.5% |
5+ Bedrooms | $807.9K | $825K | +2.1% |
Summary: Swift 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 increased by 1.6%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 2.1%.
Median Sold Price Compared To Nearby Cities
Swift Creek Township | $527.2K | $569.3K | +8.0% |
Cary Township | $564.3K | $590K | +4.5% |
Raleigh Township | $414.7K | $430.2K | +3.7% |
Panther Branch Township | $440K | $455.2K | +3.5% |
Garner | $400K | $400K | 0.0% |
Housing Supply in Swift Creek Township, NC
How many homes are available in Swift Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
171 | 159 | -7.0% |
Summary: The Swift Creek Township real estate market had 159 homes for sale in April 2024, a 7.0% decrease 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 | 16 | 13 | -18.8% |
3 Bedrooms | 60 | 59 | -1.7% |
4 Bedrooms | 69 | 62 | -10.1% |
5+ Bedrooms | 26 | 25 | -3.8% |
Summary: The Swift 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 decreased by 18.8%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 53 | -1.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in Swift Creek Township in April 2024, down by 1.9% month-over-month. Of the 53 sold homes, 28% were sold under asking, 30% were sold at asking, and 42% were sold over asking.
Days on Market for Swift Creek Township, NC
How long does it take to sell a home in Swift Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 23 Days | -62.0% |
Summary: Homes in Swift Creek Township had an average of 23 days on market in Apr 2024, down by 62% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 53 homes were sold in Swift Creek Township; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.