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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cane Creek Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Cane Creek Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cane Creek Township, NC

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

Median Sold Price

$242,500

$594/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$66,500(+37.8%)

Key Takeaway

Homes in Cane Creek Township have sold for 37.8% more than they did a month ago.

Summary: The median home sold price in Cane Creek Township was $242,500 in February 2024, up 37.8% from last month, and the median price per square foot was $594.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 -$242.5K
N/A
2 --
N/A
3 $176K-
N/A
4 --
N/A
5+ --
N/A

Summary: Cane Creek Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cane Creek Township, NC

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

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
43-25.0%

Summary: The Cane Creek Township real estate market had 3 homes for sale in February 2024, a 25.0% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 11
0.0%
3 10
-100.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Cane 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cane Creek Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Cane Creek Township in February 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cane Creek Township, NC

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

Average Sale Time

Jan 2024Feb 2024CHANGE
160 Days76 Days-52.5%

Summary: Homes in Cane Creek Township had an average of 76 days on market in Feb 2024, down by 52.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 1 homes were sold in Cane Creek Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

Newest Listings in Cane Creek Township, NC

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What housing markets are near Cane Creek Township, NC?