Is Reedy Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Reedy Creek Township has remained a Seller's Market.
Housing Prices in Reedy Creek Township, NC
How much do homes in Reedy Creek Township, NC cost?
Median Sold Price
$306,940
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Reedy Creek Township was $306,940 in February 2024, up 6% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $125K | +25.0% |
2 Bedrooms | $156.5K | $349.9K | +123.6% |
3 Bedrooms | $275.4K | $292.2K | +6.1% |
4 Bedrooms | $312K | $309.9K | -0.7% |
5+ Bedrooms | $304.7K | $301.1K | -1.2% |
Summary: Reedy Creek Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 123.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Cities
Reedy Creek Township | $289.5K | $306.9K | +6.0% |
Tyro Township | $270.5K | $279.4K | +3.3% |
Arcadia Township | $325K | $324.8K | 0% |
Hampton Township | $459.9K | $435K | -5.4% |
Housing Supply in Reedy Creek Township, NC
How many homes are available in Reedy Creek Township, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
13 | 11 | -15.4% |
Summary: The Reedy Creek Township real estate market had 11 homes for sale in February 2024, a 15.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Reedy Creek Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Reedy Creek Township in February 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Reedy Creek Township, NC
How long does it take to sell a home in Reedy Creek Township, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
77 Days | 56 Days | -27.7% |
Summary: Homes in Reedy Creek Township had an average of 56 days on market in Feb 2024, down by 27.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Reedy Creek Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.