Is Creedmoor, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Creedmoor has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127K | - | N/A |
2 Bedrooms | $215.5K | $249.5K | +15.8% |
3 Bedrooms | $325K | $315K | -3.1% |
4 Bedrooms | $385K | $387.5K | +0.6% |
5+ Bedrooms | $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 | $435K | $430K | -1.1% |
Dutchville Township | $310K | $304.5K | -1.8% |
Creedmoor | $350K | $335K | -4.3% |
Butner | $317.5K | $300K | -5.5% |
Housing Supply in Creedmoor, NC
How many homes are available in Creedmoor, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
27 | 27 | 0.0% |
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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 17 | 13 | -23.5% |
4 Bedrooms | 5 | 11 | +120.0% |
5+ Bedrooms | 2 | 1 | -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 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 10 | +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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
97 Days | 56 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
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.