Is Town 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, Town Creek Township has remained a Seller's Market.
Housing Prices in Town Creek Township, NC
How much do homes in Town Creek Township, NC cost?
Median Sold Price
$385,707
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Town Creek Township was $385,707 in May 2024, up 7.1% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $297.2K | $267.5K | -10.0% |
3 Bedrooms | $340.6K | $362K | +6.3% |
4 Bedrooms | $424K | $447.4K | +5.5% |
5+ Bedrooms | $507.5K | $495K | -2.5% |
Summary: Town 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 decreased by 10%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Cities
Bolivia | $340K | $388.4K | +14.3% |
Leland | $372.4K | $404.6K | +8.7% |
Town Creek Township | $360K | $385.7K | +7.1% |
Boiling Spring Lakes | $300K | $309.9K | +3.3% |
Winnabow | $355K | $349.7K | -1.5% |
Housing Supply in Town Creek Township, NC
How many homes are available in Town Creek Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
404 | 423 | +4.7% |
Summary: The Town Creek Township real estate market had 423 homes for sale in May 2024, a 4.7% 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 | 18 | 22 | +22.2% |
3 Bedrooms | 253 | 254 | 0.4% |
4 Bedrooms | 122 | 131 | +7.4% |
5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The Town 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 22.2%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
78 | 101 | +29.5% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 101 homes were sold or pending in Town Creek Township in May 2024, up by 29.5% month-over-month. Of the 101 sold homes, 41% were sold under asking, 45% were sold at asking, and 15% were sold over asking.
Days on Market for Town Creek Township, NC
How long does it take to sell a home in Town Creek Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 65 Days | +64.1% |
Summary: Homes in Town Creek Township had an average of 65 days on market in May 2024, up by 64.1% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During May 2024, 101 homes were sold in Town Creek Township; 52% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.