Is Middle 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, Middle Creek Township has remained a Seller's Market.
Key Takeaway
Middle Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middle Creek Township, NC
How much do homes in Middle Creek Township, NC cost?
Median Sold Price
$480,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Middle Creek Township have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Middle Creek Township was $480,000 in March 2024, up 0.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | - | N/A |
| 2 Bedrooms | $325.9K | $411.7K | +26.3% |
| 3 Bedrooms | $404.6K | $419.9K | +3.8% |
| 4 Bedrooms | $520K | $539.3K | +3.7% |
| 5+ Bedrooms | $600K | $612.9K | +2.2% |
Summary: Middle 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 26.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
| Middle Creek Township | $475.5K | $480K | +0.9% |
| Fuquay-Varina | $433.5K | $430K | -0.8% |
| Fuquay Varina | $455.4K | $449.8K | -1.2% |
| Holly Springs | $589.5K | $565K | -4.2% |
| Holly Springs Township | $587.3K | $559.1K | -4.8% |
Housing Supply in Middle Creek Township, NC
How many homes are available in Middle Creek Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 243 | 271 | +11.5% |
Summary: The Middle Creek Township real estate market had 271 homes for sale in March 2024, a 11.5% 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 | 21 | 18 | -14.3% |
| 3 Bedrooms | 101 | 125 | +23.8% |
| 4 Bedrooms | 78 | 86 | +10.3% |
| 5+ Bedrooms | 43 | 42 | -2.3% |
Summary: The Middle 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 decreased by 14.3%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 2.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 46 | 64 | +39.1% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middle Creek Township, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.
Summary: A total of 64 homes were sold or pending in Middle Creek Township in March 2024, up by 39.1% month-over-month. Of the 64 sold homes, 39% were sold under asking, 33% were sold at asking, and 28% were sold over asking.
Days on Market for Middle Creek Township, NC
How long does it take to sell a home in Middle Creek Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 103 Days | 78 Days | -24.4% |
Summary: Homes in Middle Creek Township had an average of 78 days on market in Mar 2024, down by 24.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Middle Creek Township has remained consistent over time.
Summary: During March 2024, 64 homes were sold in Middle Creek Township; 14% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
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