Is Cedar Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Cedar Creek Township has remained a Seller's Market.
Key Takeaway
Cedar Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cedar Creek Township, NC
How much do homes in Cedar Creek Township, NC cost?
Median Sold Price
$279,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Cedar Creek Township have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Cedar Creek Township was $279,000 in June 2024, up 4.4% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | - | N/A |
| 2 Bedrooms | $145.5K | $86.4K | -40.6% |
| 3 Bedrooms | $235K | $245K | +4.3% |
| 4 Bedrooms | $320K | $305K | -4.7% |
| 5+ Bedrooms | $385.1K | $368.8K | -4.2% |
Summary: Cedar Creek Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Cities
| Autryville | $255K | $274K | +7.5% |
| Cedar Creek Township | $267.3K | $279K | +4.4% |
| Stedman | $290K | $294.2K | +1.5% |
| Eastover Township | $324.9K | $313.5K | -3.5% |
Housing Supply in Cedar Creek Township, NC
How many homes are available in Cedar Creek Township, NC?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 44 | 50 | +13.6% |
Summary: The Cedar Creek Township real estate market had 50 homes for sale in June 2024, a 13.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 26 | 19 | -26.9% |
| 4 Bedrooms | 14 | 24 | +71.4% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Cedar Creek Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 26.9%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedar Creek Township, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Cedar Creek Township in June 2024, the same as the previous month. Of the 11 sold homes, 9% were sold under asking, 64% were sold at asking, and 27% were sold over asking.
Days on Market for Cedar Creek Township, NC
How long does it take to sell a home in Cedar Creek Township, NC?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 75 Days | 22 Days | -71.0% |
Summary: Homes in Cedar Creek Township had an average of 22 days on market in Jun 2024, down by 71% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cedar Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 11 homes were sold in Cedar Creek Township; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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