Is Lower 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, Lower Creek Township has remained a Seller's Market.
Housing Prices in Lower Creek Township, NC
How much do homes in Lower Creek Township, NC cost?
Median Sold Price
$269,900
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lower Creek Township was $269,900 in March 2024, up 12.5% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $139.9K | N/A |
2 Bedrooms | $165K | $190K | +15.2% |
3 Bedrooms | $240K | $280K | +16.7% |
4 Bedrooms | $340.9K | $287.5K | -15.7% |
5+ Bedrooms | $410K | $577.5K | +40.9% |
Summary: Lower 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 15.2%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes increased by 40.9%.
Median Sold Price Compared To Nearby Cities
Lenoir Township | $185.3K | $239.9K | +29.5% |
Lenoir | $210K | $239.9K | +14.3% |
Lower Creek Township | $240K | $269.9K | +12.5% |
Hudson Township | $235.5K | $245K | +4.0% |
Housing Supply in Lower Creek Township, NC
How many homes are available in Lower Creek Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 54 | 0.0% |
Summary: The Lower Creek Township real estate market had 54 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 29 | 27 | -6.9% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Lower Creek Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Lower Creek Township in March 2024, down by 18.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 46% were sold at asking, and 0% were sold over asking.
Days on Market for Lower Creek Township, NC
How long does it take to sell a home in Lower Creek Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 48 Days | +15.9% |
Summary: Homes in Lower Creek Township had an average of 48 days on market in Mar 2024, up by 15.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Lower Creek Township; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.