Is Back 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
Since last year, Back Creek Township has remained a Seller's Market.
Housing Prices in Back Creek Township, NC
How much do homes in Back Creek Township, NC cost?
Median Sold Price
$315,529
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Back Creek Township was $315,529 in March 2024, up 0.2% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $270K | N/A |
2 Bedrooms | $245K | $262.9K | +7.3% |
3 Bedrooms | $307.5K | $307.7K | 0.1% |
4 Bedrooms | $525K | $629K | +19.8% |
5+ Bedrooms | $1.7M | - | N/A |
Summary: Back 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 increased by 7.3%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Asheboro Township | $200K | $245.4K | +22.7% |
Randleman Township | $238.7K | $254.9K | +6.8% |
Randleman | $239.3K | $251.5K | +5.1% |
Sophia | $257.5K | $270K | +4.9% |
Back Creek Township | $315K | $315.5K | 0.2% |
Housing Supply in Back Creek Township, NC
How many homes are available in Back Creek Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Summary: The Back Creek Township real estate market had 4 homes for sale in March 2024, a 20.0% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Back 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 remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Back Creek Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Back Creek Township, NC
How long does it take to sell a home in Back Creek Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
4 Days | 2 Days | -44.4% |
Summary: Homes in Back Creek Township had an average of 2 days on market in Mar 2024, down by 44.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Back Creek Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.