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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cypress Creek Township is a seller's market

Buyer's
Market

Difference Since July 2021

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

Key Takeaway

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

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

Median Sold Price

$332,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$78,050(+30.7%)

Key Takeaway

Homes in Cypress Creek Township have sold for 30.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $349.9K$200K
-42.8%
2 $233.5K$325.5K
+39.4%
3 $253.9K$332.2K
+30.8%
4 $272.5K$662.5K
+143.1%
5+ -$280K
N/A

Median Sold Price Compared To Nearby Cities

Harris Township
+39.3%
Cypress Creek Township
+30.7%

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

Number of Homes For Sale

Jun 2022Jul 2022%
5758+1.8%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 22
0.0%
3 5152
+2.0%
4 44
0.0%
5+ 00
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
728+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cypress Creek Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Jul 2021Jul 2022%
2 Days4 Days+92.9%

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cypress 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 Cypress Creek Township, NC

Cypress Creek Township, NC has 58 homes for sale to choose from. Between June 2022 and July 2022, Cypress Creek Township, NC real estate market has seen increase in the number of listings by 1.8%. While the average time on the market in July 2022 was 4 days, the median list price was $332,000. This housing market listing prices have changed between June 2022 and July 2022: prices of 1 bedroom properties went down by 42.8%, 2 bedrooms properties became 39.4% more expensive, prices of 3 bedrooms properties went up by 30.8%, 4 bedrooms properties prices increased by 143.1%, prices of 5 bedrooms properties increased by 0%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went up by 2%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory did not change. While more than 10 listings in Cypress Creek Township, NC in July 2022 were sold above asking price, there were more than 13 listings sold at asking price, and more than 3 were sold below.

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