Is Hectors 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, Hectors Creek Township has remained a Seller's Market.
Housing Prices in Hectors Creek Township, NC
How much do homes in Hectors Creek Township, NC cost?
Median Sold Price
$405,990
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hectors Creek Township was $405,990 in March 2024, down 1.1% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $308.4K | $393.7K | +27.7% |
3 Bedrooms | $385K | $381.4K | -0.9% |
4 Bedrooms | $445K | $413.6K | -7.0% |
5+ Bedrooms | $435.8K | $405.9K | -6.9% |
Summary: Hectors 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 27.7%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 6.9%.
Median Sold Price Compared To Nearby Cities
Neills Creek Township | $359.9K | $374.9K | +4.2% |
Hectors Creek Township | $410.3K | $405.9K | -1.1% |
Fuquay Varina | $455.4K | $449.8K | -1.2% |
Buckhorn Township | $431.8K | $424K | -1.8% |
Black River Township | $356.2K | $345K | -3.2% |
Housing Supply in Hectors Creek Township, NC
How many homes are available in Hectors Creek Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
67 | 63 | -6.0% |
Summary: The Hectors Creek Township real estate market had 63 homes for sale in March 2024, a 6.0% decrease 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 | 1 | +100.0% |
3 Bedrooms | 30 | 31 | +3.3% |
4 Bedrooms | 26 | 24 | -7.7% |
5+ Bedrooms | 11 | 7 | -36.4% |
Summary: The Hectors 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 increased by 100%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 36.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 15 | -16.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Hectors Creek Township in March 2024, down by 16.7% month-over-month. Of the 15 sold homes, 53% were sold under asking, 33% were sold at asking, and 13% were sold over asking.
Days on Market for Hectors Creek Township, NC
How long does it take to sell a home in Hectors Creek Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
131 Days | 112 Days | -14.0% |
Summary: Homes in Hectors Creek Township had an average of 112 days on market in Mar 2024, down by 14% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Hectors Creek Township; 7% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.