Is Creedmoor, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Creedmoor is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Creedmoor has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Creedmoor, NC

How much do homes in Creedmoor, NC cost?

Median Sold Price

$335,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$15,000(-4.3%)

Key Takeaway

Homes in Creedmoor have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Creedmoor was $335,000 in February 2024, down 4.3% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $127K-
N/A
2 $215.5K$249.5K
+15.8%
3 $325K$315K
-3.1%
4 $385K$387.5K
+0.6%
5+ $418K$415K
-0.7%

Summary: Creedmoor housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Cities

Brassfield Township
-1.1%
Dutchville Township
-1.8%
Creedmoor
-4.3%
Butner
-5.5%

Housing Supply in Creedmoor, NC

How many homes are available in Creedmoor, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
27270.0%

Summary: The Creedmoor real estate market had 27 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1713
-23.5%
4 511
+120.0%
5+ 21
-50.0%

Summary: The Creedmoor 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 decreased by 33.3%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 120%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Creedmoor, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Creedmoor in February 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.

Days on Market for Creedmoor, NC

How long does it take to sell a home in Creedmoor, NC?

Average Sale Time

Feb 2023Feb 2024CHANGE
97 Days56 Days-42.5%

Summary: Homes in Creedmoor had an average of 56 days on market in Feb 2024, down by 42.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Creedmoor has remained consistent over time.

Summary: During February 2024, 10 homes were sold in Creedmoor; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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 Creedmoor, NC

Nearby Markets to Creedmoor, NC

What housing markets are near Creedmoor, NC?