Is Grays 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, Grays Creek Township was a Seller's Market.
Key Takeaway
Grays Creek Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Grays Creek Township, NC
How much do homes in Grays Creek Township, NC cost?
Median Sold Price
$362,250
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Grays Creek Township have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Grays Creek Township was $362,250 in April 2024, up 3.7% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $56.5K | - | N/A |
| 3 Bedrooms | $299K | $310K | +3.7% |
| 4 Bedrooms | $349.4K | $365K | +4.4% |
| 5+ Bedrooms | $398.5K | $418K | +4.9% |
Summary: Grays Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Cities
| Rockfish Township | $230K | $252.8K | +9.9% |
| Cedar Creek Township | $257.5K | $279K | +8.3% |
| Parkton Township | $250K | $261K | +4.4% |
| Grays Creek Township | $349.3K | $362.2K | +3.7% |
Housing Supply in Grays Creek Township, NC
How many homes are available in Grays Creek Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 65 | 74 | +13.8% |
Summary: The Grays Creek Township real estate market had 74 homes for sale in April 2024, a 13.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 33 | 44 | +33.3% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Grays Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grays Creek Township, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Grays Creek Township in April 2024, the same as the previous month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.
Days on Market for Grays Creek Township, NC
How long does it take to sell a home in Grays Creek Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 84 Days | 43 Days | -48.6% |
Summary: Homes in Grays Creek Township had an average of 43 days on market in Apr 2024, down by 48.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grays Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Grays Creek Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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