Is Price 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, Price Creek Township has remained a Buyer's Market.
Key Takeaway
Price Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Price Creek Township, NC
How much do homes in Price Creek Township, NC cost?
Median Sold Price
$540,000
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Price Creek Township have sold for 20% more than they did a year ago.
Summary: The median home sold price in Price Creek Township was $540,000 in May 2024, up 20% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | - | N/A |
| 2 Bedrooms | $340K | $395K | +16.2% |
| 3 Bedrooms | $395.6K | $549K | +38.8% |
| 4 Bedrooms | $595K | $750K | +26.1% |
| 5+ Bedrooms | $4.5M | $845K | -81.2% |
Summary: Price 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 16.2%, 3 bedroom homes increased by 38.8%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes decreased by 81.2%.
Median Sold Price Compared To Nearby Cities
| Price Creek Township | $450K | $540K | +20.0% |
| Burnsville Township | $330K | $355K | +7.6% |
| Cane River Township | $372.4K | $355.5K | -4.5% |
| Ivy Township | $500K | $395K | -21.0% |
Housing Supply in Price Creek Township, NC
How many homes are available in Price Creek Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 23 | +9.5% |
Summary: The Price Creek Township real estate market had 23 homes for sale in May 2024, a 9.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Price 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Price Creek Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Price Creek Township in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Price Creek Township, NC
How long does it take to sell a home in Price Creek Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 5 Days | 216 Days | +4220.0% |
Summary: Homes in Price Creek Township had an average of 216 days on market in May 2024, up by 4220% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Price Creek Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 1 homes were sold in Price Creek Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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