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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coddle Creek Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Coddle Creek Township was a Seller's Market.

Key Takeaway

Coddle 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 Coddle Creek Township, NC

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

Median Sold Price

$434,958

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,911(+6.1%)

Key Takeaway

Homes in Coddle Creek Township have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Coddle Creek Township was $434,958 in November 2024, up 6.1% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $147K-
N/A
2 $231K$237.5K
+2.8%
3 $358K$360K
+0.6%
4 $449.4K$475K
+5.7%
5+ $499.9K$529.9K
+6.0%

Summary: Coddle Creek Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Cities

Atwell Township
+11.1%
Coddle Creek Township
+6.1%
Mooresville
+5.8%
Barringer Township
+4.6%
Davidson Township
-2.0%

Housing Supply in Coddle Creek Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
252259+2.8%

Summary: The Coddle Creek Township real estate market had 259 homes for sale in November 2024, a 2.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 2018
-10.0%
3 103102
-1.0%
4 8897
+10.2%
5+ 4141
0.0%

Summary: The Coddle Creek Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4641-10.9%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coddle Creek Township, you may be able to get a good deal. 56.1% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Coddle Creek Township in November 2024, down by 10.9% month-over-month. Of the 41 sold homes, 56% were sold under asking, 24% were sold at asking, and 20% were sold over asking.

Days on Market for Coddle Creek Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days34 Days+16.9%

Summary: Homes in Coddle Creek Township had an average of 34 days on market in Nov 2024, up by 16.9% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Coddle Creek Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 41 homes were sold in Coddle Creek Township; 54% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 10% 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 11 Days Ago

Newest Listings in Coddle Creek Township, NC

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