Is Crab 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, Crab Creek Township has remained a Seller's Market.
Housing Prices in Crab Creek Township, NC
How much do homes in Crab Creek Township, NC cost?
Median Sold Price
$492,250
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Crab Creek Township was $492,250 in May 2024, up 3.3% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $292.5K | +46.3% |
2 Bedrooms | $325K | $367.5K | +13.1% |
3 Bedrooms | $493K | $485K | -1.6% |
4 Bedrooms | $770K | $871.2K | +13.2% |
5+ Bedrooms | $948K | $3.2M | +241.7% |
Summary: Crab Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.3%, 2 bedroom homes increased by 13.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 241.7%.
Median Sold Price Compared To Nearby Cities
Little River Township | $420K | $513K | +22.1% |
Zirconia | $410K | $485K | +18.3% |
Crab Creek Township | $476.5K | $492.2K | +3.3% |
Green River Township | $572.8K | $570K | -0.5% |
Housing Supply in Crab Creek Township, NC
How many homes are available in Crab Creek Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 51 | -1.9% |
Summary: The Crab Creek Township real estate market had 51 homes for sale in May 2024, a 1.9% 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 | 9 | 6 | -33.3% |
3 Bedrooms | 29 | 29 | 0.0% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Crab 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 15 | +50.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Crab Creek Township in May 2024, up by 50.0% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and 7% were sold over asking.
Days on Market for Crab Creek Township, NC
How long does it take to sell a home in Crab Creek Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 35 Days | -7.2% |
Summary: Homes in Crab Creek Township had an average of 35 days on market in May 2024, down by 7.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Crab Creek Township; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.