Is Falling Creek 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, Falling Creek Township was a Seller's Market.
Key Takeaway
Falling Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Falling Creek Township, NC
How much do homes in Falling Creek Township, NC cost?
Median Sold Price
$213,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Falling Creek Township have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Falling Creek Township was $213,000 in March 2024, up 12.1% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $130.2K | $109.9K | -15.6% |
| 3 Bedrooms | $190K | $213K | +12.1% |
| 4 Bedrooms | $355K | $249K | -29.9% |
| 5+ Bedrooms | - | $880K | N/A |
Summary: Falling Creek Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.6%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 29.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Falling Creek Township | $189.9K | $213K | +12.1% |
| Kinston | $162.9K | $180.3K | +10.7% |
| Moseley Hall Township | $275K | $220K | -20.0% |
Housing Supply in Falling Creek Township, NC
How many homes are available in Falling Creek Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Falling Creek Township real estate market had 20 homes for sale in March 2024, a 5.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Falling Creek 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 remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Falling Creek Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Falling Creek Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Falling Creek Township, NC
How long does it take to sell a home in Falling Creek Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 65 Days | 49 Days | -23.8% |
Summary: Homes in Falling Creek Township had an average of 49 days on market in Mar 2024, down by 23.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Falling Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Falling Creek Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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