Is Abbotts Creek Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Abbotts Creek Township is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Abbotts Creek Township has remained a Seller's Market.

Key Takeaway

Abbotts Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Abbotts Creek Township, NC

How much do homes in Abbotts Creek Township, NC cost?

Median Sold Price

$349,933

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$66(0%)

Key Takeaway

The sold price of homes in Abbotts Creek Township has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $135K-
N/A
2 $280.8K$267K
-4.9%
3 $310K$325K
+4.8%
4 $399.1K$398.5K
-0.2%
5+ $470K$455K
-3.2%

Summary: Abbotts Creek Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Cities

Kernersville
+3.2%
Kernersville Township
+3.1%
Abbotts Creek Township
0%
Colfax
-1.7%
Deep River Township
-5.0%

Housing Supply in Abbotts Creek Township, NC

How many homes are available in Abbotts Creek Township, NC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1181180.0%

Summary: The Abbotts Creek Township real estate market had 118 homes for sale in June 2024, the same as May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 8376
-8.4%
4 2126
+23.8%
5+ 66
0.0%

Summary: The Abbotts Creek Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
3033+10.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Abbotts Creek Township, you may be able to get a good deal. 51.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Abbotts Creek Township in June 2024, up by 10.0% month-over-month. Of the 33 sold homes, 52% were sold under asking, 36% were sold at asking, and 12% were sold over asking.

Days on Market for Abbotts Creek Township, NC

How long does it take to sell a home in Abbotts Creek Township, NC?

Average Sale Time

Jun 2023Jun 2024CHANGE
36 Days35 Days-1.6%

Summary: Homes in Abbotts Creek Township had an average of 35 days on market in Jun 2024, down by 1.6% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Abbotts Creek Township are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 33 homes were sold in Abbotts Creek Township; 67% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Abbotts Creek Township, NC

Nearby Markets to Abbotts Creek Township, NC

What housing markets are near Abbotts Creek Township, NC?