Is Cypress Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cypress Creek Township was a Seller's Market.
Housing Prices in Cypress Creek Township, NC
How much do homes in Cypress Creek Township, NC cost?
Median Sold Price
$349,630
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cypress Creek Township was $349,630 in April 2024, up 4.4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212.5K | $130K | -38.8% |
2 Bedrooms | $325.5K | $397.8K | +22.2% |
3 Bedrooms | $335K | $346K | +3.3% |
4 Bedrooms | $378K | $372.8K | -1.4% |
5+ Bedrooms | - | - | N/A |
Summary: Cypress Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.8%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mannings Township | $215K | $246K | +14.4% |
Dunn Township | $259.7K | $286.8K | +10.5% |
Cypress Creek Township | $335K | $349.6K | +4.4% |
Harris Township | $366.4K | $362K | -1.2% |
Housing Supply in Cypress Creek Township, NC
How many homes are available in Cypress Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 93 | +13.4% |
Summary: The Cypress Creek Township real estate market had 93 homes for sale in April 2024, a 13.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 64 | 74 | +15.6% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cypress Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Cypress Creek Township in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for Cypress Creek Township, NC
How long does it take to sell a home in Cypress Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
110 Days | 104 Days | -5.0% |
Summary: Homes in Cypress Creek Township had an average of 104 days on market in Apr 2024, down by 5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Cypress Creek Township; 11% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.