Is Coddle 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, Coddle Creek Township has remained a Seller's Market.
Housing Prices in Coddle Creek Township, NC
How much do homes in Coddle Creek Township, NC cost?
Median Sold Price
$435,049
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Coddle Creek Township was $435,049 in May 2024, up 5.4% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $151K | +4.1% |
2 Bedrooms | $231K | $235K | +1.7% |
3 Bedrooms | $360K | $355K | -1.4% |
4 Bedrooms | $434.8K | $470K | +8.1% |
5+ Bedrooms | $523.1K | $520.1K | -0.6% |
Summary: Coddle Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Cities
Atwell Township | $300K | $340K | +13.3% |
Mooresville | $434.2K | $490.2K | +12.9% |
Coddle Creek Township | $412.6K | $435K | +5.4% |
Davidson Township | $630.8K | $629.2K | -0.3% |
Barringer Township | $361.4K | $359.3K | -0.6% |
Housing Supply in Coddle Creek Township, NC
How many homes are available in Coddle Creek Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
216 | 238 | +10.2% |
Summary: The Coddle Creek Township real estate market had 238 homes for sale in May 2024, a 10.2% 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 | 14 | 20 | +42.9% |
3 Bedrooms | 88 | 104 | +18.2% |
4 Bedrooms | 80 | 76 | -5.0% |
5+ Bedrooms | 34 | 38 | +11.8% |
Summary: The Coddle 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 42.9%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 64 | +52.4% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Coddle Creek Township in May 2024, up by 52.4% month-over-month. Of the 64 sold homes, 58% were sold under asking, 22% were sold at asking, and 20% were sold over asking.
Days on Market for Coddle Creek Township, NC
How long does it take to sell a home in Coddle Creek Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 49 Days | +15.9% |
Summary: Homes in Coddle Creek Township had an average of 49 days on market in May 2024, up by 15.9% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 64 homes were sold in Coddle Creek Township; 63% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.