Is Cross 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, Cross Creek Township has remained a Seller's Market.
Housing Prices in Cross Creek Township, NC
How much do homes in Cross Creek Township, NC cost?
Median Sold Price
$220,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cross Creek Township was $220,000 in May 2024, up 5.3% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $83K | -56.3% |
2 Bedrooms | $117K | $129K | +10.3% |
3 Bedrooms | $190.9K | $213.5K | +11.8% |
4 Bedrooms | $317K | $306.2K | -3.4% |
5+ Bedrooms | $393K | $452.9K | +15.3% |
Summary: Cross Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.3%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 15.3%.
Median Sold Price Compared To Nearby Cities
Pearces Mill Township | $190K | $210K | +10.5% |
Rockfish Township | $235K | $250.4K | +6.6% |
Cross Creek Township | $208.8K | $220K | +5.3% |
Fayetteville | $214.6K | $225K | +4.9% |
Carvers Creek Township | $288.6K | $295.2K | +2.3% |
Housing Supply in Cross Creek Township, NC
How many homes are available in Cross Creek Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
370 | 378 | +2.2% |
Summary: The Cross Creek Township real estate market had 378 homes for sale in May 2024, a 2.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 53 | 50 | -5.7% |
3 Bedrooms | 183 | 191 | +4.4% |
4 Bedrooms | 105 | 101 | -3.8% |
5+ Bedrooms | 27 | 33 | +22.2% |
Summary: The Cross Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
107 | 72 | -32.7% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 72 homes were sold or pending in Cross Creek Township in May 2024, down by 32.7% month-over-month. Of the 72 sold homes, 36% were sold under asking, 38% were sold at asking, and 26% were sold over asking.
Days on Market for Cross Creek Township, NC
How long does it take to sell a home in Cross Creek Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
66 Days | 21 Days | -67.5% |
Summary: Homes in Cross Creek Township had an average of 21 days on market in May 2024, down by 67.5% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 72 homes were sold in Cross Creek Township; 78% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.