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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crab Creek Township is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Crab Creek Township has remained a Seller's Market.

Key Takeaway

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

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

Median Sold Price

$501,750

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$55,250(+12.4%)

Key Takeaway

Homes in Crab Creek Township have sold for 12.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $181.6K$205.5K
+13.1%
2 $271K$312.5K
+15.3%
3 $433.9K$504K
+16.1%
4 $575K$775K
+34.8%
5+ $950K$893K
-6.0%

Median Sold Price Compared To Nearby Cities

Little River Township
+23.9%
Crab Creek Township
+12.4%
Green River Township
-9.5%
Zirconia
-33.3%

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

Number of Homes For Sale

Sep 2022Oct 2022%
4946-6.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 10
-100.0%
2 811
+37.5%
3 2927
-6.9%
4 76
-14.3%
5+ 42
-50.0%

Number of Homes Sold

Sep 2022Oct 2022%
1113+18.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crab Creek Township, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
18 Days39 Days+108.0%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Crab Creek Township, NC

Crab Creek Township, NC has 46 homes for sale to choose from. Between September 2022 and October 2022, Crab Creek Township, NC real estate market has seen decrease in the number of listings by 6.1%. While the average time on the market in October 2022 was 39 days, the median list price was $501,750. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties prices increased by 13.1%, prices of 2 bedrooms properties increased by 15.3%, the cost of 3 bedrooms properties went up by 16.1%, the cost of 4 bedrooms properties went up by 34.8%, 5 bedrooms properties prices decreased by 6%. This housing market inventory have changed: volume of 1 bedroom homes went down by 100%, volume of 2 bedrooms homes went up by 37.5%, 3 bedrooms homes became 6.9% less available, number of 4 bedrooms homes decreased by 14.3%, 5 bedrooms homes inventory decreased by 50%. Over 4 listings were sold over their listed price in October 2022 in Crab Creek Township, NC. In the same period over 5 listings were sold below the listed price and 4 listings were sold for the listed price.

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