Is Millers Creek, 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, Millers Creek has remained a Seller's Market.
Housing Prices in Millers Creek, NC
How much do homes in Millers Creek, NC cost?
Median Sold Price
$269,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Millers Creek was $269,000 in March 2024, up 1.5% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $158.3K | $225K | +42.1% |
2 Bedrooms | $257.6K | $222K | -13.8% |
3 Bedrooms | $265K | $321K | +21.1% |
4 Bedrooms | $430.7K | $348.7K | -19.0% |
5+ Bedrooms | $265K | - | N/A |
Summary: Millers Creek housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.1%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Millers Creek | $265K | $269K | +1.5% |
Mulberry Township | $213K | $215K | +0.9% |
Housing Supply in Millers Creek, NC
How many homes are available in Millers Creek, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Summary: The Millers Creek real estate market had 15 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Millers Creek 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Millers Creek in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Millers Creek, NC
How long does it take to sell a home in Millers Creek, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
89 Days | 18 Days | -79.2% |
Summary: Homes in Millers Creek had an average of 18 days on market in Mar 2024, down by 79.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Millers Creek; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.