Is Grassy 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, Grassy Creek Township was a Neutral Market.
Housing Prices in Grassy Creek Township, NC
How much do homes in Grassy Creek Township, NC cost?
Median Sold Price
$270,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Grassy Creek Township was $270,000 in May 2024, up 7.1% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $150K | 0.0% |
2 Bedrooms | $229K | $235K | +2.6% |
3 Bedrooms | $290K | $264.2K | -8.9% |
4 Bedrooms | $260K | $392.5K | +51.0% |
5+ Bedrooms | $327.5K | $745K | +127.5% |
Summary: Grassy 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 2.6%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 51%, and 5+ bedroom homes increased by 127.5%.
Median Sold Price Compared To Nearby Cities
Snow Creek Township | $165K | $299K | +81.2% |
Grassy Creek Township | $252K | $270K | +7.1% |
Spruce Pine | $250K | $264.2K | +5.7% |
Housing Supply in Grassy Creek Township, NC
How many homes are available in Grassy Creek Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 41 | +20.6% |
Summary: The Grassy Creek Township real estate market had 41 homes for sale in May 2024, a 20.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 8 | 11 | +37.5% |
3 Bedrooms | 20 | 24 | +20.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Grassy Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Grassy Creek Township in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Grassy Creek Township, NC
How long does it take to sell a home in Grassy Creek Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 96 Days | +413.3% |
Summary: Homes in Grassy Creek Township had an average of 96 days on market in May 2024, up by 413.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Grassy Creek Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.