Is Avery Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Avery Creek Township was a Seller's Market.
Key Takeaway
Avery Creek Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Avery Creek Township, NC
How much do homes in Avery Creek Township, NC cost?
Median Sold Price
$595,000
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Avery Creek Township have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Avery Creek Township was $595,000 in March 2024, up 4.4% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | $309.5K | -1.7% |
| 3 Bedrooms | $510.4K | $568.7K | +11.4% |
| 4 Bedrooms | $732.1K | $860K | +17.5% |
| 5+ Bedrooms | $785K | $800K | +1.9% |
Summary: Avery Creek Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Mills River | $524K | $592K | +13.0% |
| Avery Creek Township | $570K | $595K | +4.4% |
| Mills River Township | $447.5K | $459.5K | +2.7% |
| Arden | $462K | $457.4K | -1.0% |
| Limestone Township | $500K | $449K | -10.2% |
Housing Supply in Avery Creek Township, NC
How many homes are available in Avery Creek Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 50 | 55 | +10.0% |
Summary: The Avery Creek Township real estate market had 55 homes for sale in March 2024, a 10.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 27 | 29 | +7.4% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Avery Creek Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Avery Creek Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Avery Creek Township in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for Avery Creek Township, NC
How long does it take to sell a home in Avery Creek Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 70 Days | 27 Days | -60.7% |
Summary: Homes in Avery Creek Township had an average of 27 days on market in Mar 2024, down by 60.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Avery Creek Township has remained consistent over time.
Summary: During March 2024, 9 homes were sold in Avery Creek Township; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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