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 May 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
$317,500
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Abbotts Creek Township was $317,500 in May 2024, up 0.8% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $122K | N/A |
2 Bedrooms | $175.5K | $220K | +25.4% |
3 Bedrooms | $270K | $295K | +9.3% |
4 Bedrooms | $500K | $540K | +8.0% |
5+ Bedrooms | $575K | $494.5K | -14.0% |
Summary: Abbotts 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 increased by 25.4%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 14%.
Median Sold Price Compared To Nearby Cities
Midway Township | $300K | $355K | +18.3% |
Wallburg | $283.5K | $303K | +6.9% |
Abbotts Creek Township | $349.8K | $359.9K | +2.9% |
Abbotts Creek Township | $315K | $317.5K | +0.8% |
Broadbay Township | $274.9K | $270K | -1.8% |
Housing Supply in Abbotts Creek Township, NC
How many homes are available in Abbotts Creek Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
51 | 58 | +13.7% |
Summary: The Abbotts Creek Township real estate market had 58 homes for sale in May 2024, a 13.7% 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 | 5 | 6 | +20.0% |
3 Bedrooms | 32 | 39 | +21.9% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Abbotts 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 increased by 20%, 3 bedroom homes increased by 21.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Abbotts Creek Township in May 2024, up by 12.5% month-over-month. Of the 18 sold homes, 44% were sold under asking, 39% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
44 Days | 22 Days | -49.7% |
Summary: Homes in Abbotts Creek Township had an average of 22 days on market in May 2024, down by 49.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Abbotts Creek Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.