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 February 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
$332,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Abbotts Creek Township was $332,500 in February 2024, up 6.7% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $171.1K | $216.5K | +26.5% |
3 Bedrooms | $270K | $287.5K | +6.5% |
4 Bedrooms | $535K | $532.4K | -0.5% |
5+ Bedrooms | $700K | $575K | -17.9% |
Summary: Abbotts Creek Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 17.9%.
Median Sold Price Compared To Nearby Cities
Midway Township | $290K | $349.9K | +20.7% |
Abbotts Creek Township | $333.1K | $358.3K | +7.6% |
Abbotts Creek Township | $311.5K | $332.5K | +6.7% |
Broadbay Township | $285K | $265K | -7.0% |
Housing Supply in Abbotts Creek Township, NC
How many homes are available in Abbotts Creek Township, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
36 | 41 | +13.9% |
Summary: The Abbotts Creek Township real estate market had 41 homes for sale in February 2024, a 13.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Abbotts Creek Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Abbotts Creek Township in February 2024, up by 25.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
52 Days | 44 Days | -16.7% |
Summary: Homes in Abbotts Creek Township had an average of 44 days on market in Feb 2024, down by 16.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 10 homes were sold in Abbotts Creek Township; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.