Is Abbotts Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Abbotts Creek Township has remained a Seller's Market.
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
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | - | N/A |
2 Bedrooms | $280.8K | $267K | -4.9% |
3 Bedrooms | $310K | $325K | +4.8% |
4 Bedrooms | $399.1K | $398.5K | -0.2% |
5+ Bedrooms | $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 | $324.7K | $335.3K | +3.2% |
Kernersville Township | $324.9K | $334.8K | +3.1% |
Abbotts Creek Township | $350K | $349.9K | 0% |
Colfax | $429.9K | $422.5K | -1.7% |
Deep River Township | $399.9K | $379.9K | -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 2024 | Jun 2024 | CHANGE |
---|---|---|
118 | 118 | 0.0% |
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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 83 | 76 | -8.4% |
4 Bedrooms | 21 | 26 | +23.8% |
5+ Bedrooms | 6 | 6 | 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 2024 | Jun 2024 | CHANGE |
---|---|---|
30 | 33 | +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
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 2023 | Jun 2024 | CHANGE |
---|---|---|
36 Days | 35 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
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.