Is Flat 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
Since last year, Flat Creek Township has remained a Seller's Market.
Housing Prices in Flat Creek Township, NC
How much do homes in Flat Creek Township, NC cost?
Median Sold Price
$483,750
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Flat Creek Township was $483,750 in March 2024, up 13.8% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $438K | N/A |
2 Bedrooms | $282.5K | $329K | +16.5% |
3 Bedrooms | $435K | $512.5K | +17.8% |
4 Bedrooms | $592.5K | $499K | -15.8% |
5+ Bedrooms | $625K | $475K | -24.0% |
Summary: Flat 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 increased by 16.5%, 3 bedroom homes increased by 17.8%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 24%.
Median Sold Price Compared To Nearby Cities
Reems Creek Township | $465.6K | $575K | +23.5% |
Flat Creek Township | $425K | $483.7K | +13.8% |
French Broad Township | $416.5K | $444K | +6.6% |
Ivy Township | $500K | $425K | -15.0% |
Barnardsville | $557.5K | $353K | -36.7% |
Housing Supply in Flat Creek Township, NC
How many homes are available in Flat Creek Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 33 | +37.5% |
Summary: The Flat Creek Township real estate market had 33 homes for sale in March 2024, a 37.5% 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 | 8 | 8 | 0.0% |
3 Bedrooms | 14 | 20 | +42.9% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Flat 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 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 8 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Flat Creek Township in March 2024, up by 300.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for Flat Creek Township, NC
How long does it take to sell a home in Flat Creek Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
63 Days | 75 Days | +18.2% |
Summary: Homes in Flat Creek Township had an average of 75 days on market in Mar 2024, up by 18.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Flat Creek Township; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.