Is Flat 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, Flat Creek Township was a Seller's Market.
Housing Prices in Flat Creek Township, NC
How much do homes in Flat Creek Township, NC cost?
Median Sold Price
$475,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Flat Creek Township was $475,000 in May 2024, up 8% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $438K | N/A |
2 Bedrooms | $282.5K | $329K | +16.5% |
3 Bedrooms | $442.5K | $500K | +13.0% |
4 Bedrooms | $592.5K | $499K | -15.8% |
5+ Bedrooms | $625K | $475K | -24.0% |
Summary: Flat 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 16.5%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 24%.
Median Sold Price Compared To Nearby Cities
Reems Creek Township | $466.8K | $574.3K | +23.0% |
French Broad Township | $414.9K | $450K | +8.5% |
Flat Creek Township | $440K | $475K | +8.0% |
Ivy Township | $500K | $395K | -21.0% |
Housing Supply in Flat Creek Township, NC
How many homes are available in Flat Creek Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 31 | +10.7% |
Summary: The Flat Creek Township real estate market had 31 homes for sale in May 2024, a 10.7% 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 | 6 | 3 | -50.0% |
3 Bedrooms | 18 | 23 | +27.8% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Flat 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 50%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Flat Creek Township in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Flat Creek Township, NC
How long does it take to sell a home in Flat Creek Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 13 Days | +124.1% |
Summary: Homes in Flat Creek Township had an average of 13 days on market in May 2024, up by 124.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Flat Creek Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.