Is Crabtree Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Crabtree Township was a Seller's Market.
Key Takeaway
Crabtree Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Crabtree Township, NC
How much do homes in Crabtree Township, NC cost?
Median Sold Price
$332,500
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Crabtree Township have sold for 30.4% more than they did a year ago.
Summary: The median home sold price in Crabtree Township was $332,500 in March 2024, up 30.4% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | $225K | +275.0% |
| 2 Bedrooms | $175K | $460K | +162.9% |
| 3 Bedrooms | $271K | $472.5K | +74.4% |
| 4 Bedrooms | $342K | $224.2K | -34.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Crabtree Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 275%, 2 bedroom homes increased by 162.9%, 3 bedroom homes increased by 74.4%, 4 bedroom homes decreased by 34.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Crabtree Township | $255K | $332.5K | +30.4% |
| Grassy Creek Township | $266.9K | $267.5K | 0.2% |
Housing Supply in Crabtree Township, NC
How many homes are available in Crabtree Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Crabtree Township real estate market had 11 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Crabtree 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 decreased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crabtree 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 Crabtree Township in March 2024, down by 50.0% month-over-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 Crabtree Township, NC
How long does it take to sell a home in Crabtree Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 153 Days | 61 Days | -60.3% |
Summary: Homes in Crabtree Township had an average of 61 days on market in Mar 2024, down by 60.3% compared to last year.
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
Key Takeaway
Avg time on Rocket Homes in Crabtree Township has remained consistent over time.
Summary: During March 2024, 1 homes were sold in Crabtree 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.
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