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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anderson Creek Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Anderson Creek Township, NC

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

Median Sold Price

$319,960

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$14,960(+4.9%)

Key Takeaway

Homes in Anderson Creek Township have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Anderson Creek Township was $319,960 in February 2024, up 4.9% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$75K
N/A
2 $205K$209.2K
+2.1%
3 $273K$286.5K
+4.9%
4 $320K$344.7K
+7.7%
5+ $366K$371.3K
+1.4%

Summary: Anderson 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 2.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Cities

Spring Lake
+8.4%
Spring Lake
+6.9%
Carvers Creek Township
+6.5%
Anderson Creek Township
+4.9%
Bunnlevel
+1.4%

Housing Supply in Anderson Creek Township, NC

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

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
124126+1.6%

Summary: The Anderson Creek Township real estate market had 126 homes for sale in February 2024, a 1.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 4443
-2.3%
4 6465
+1.6%
5+ 1213
+8.3%

Summary: The Anderson Creek Township housing inventory by bedroom type for February 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 2.3%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2535+40.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anderson Creek Township, expect to pay close to the asking price. 51.4% of homes here sold near the asking price last month.

Summary: A total of 35 homes were sold or pending in Anderson Creek Township in February 2024, up by 40.0% month-over-month. Of the 35 sold homes, 43% were sold under asking, 51% were sold at asking, and 6% were sold over asking.

Days on Market for Anderson Creek Township, NC

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

Average Sale Time

Feb 2023Feb 2024CHANGE
69 Days120 Days+73.4%

Summary: Homes in Anderson Creek Township had an average of 120 days on market in Feb 2024, up by 73.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Anderson Creek Township has remained consistent over time.

Summary: During February 2024, 35 homes were sold in Anderson Creek Township; 26% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 31% 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 27 Days Ago

Newest Listings in Anderson Creek Township, NC

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What housing markets are near Anderson Creek Township, NC?