Is Scott Creek Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scott Creek Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Scott Creek Township was a Buyer's Market.

Key Takeaway

Scott Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Scott Creek Township, NC

How much do homes in Scott Creek Township, NC cost?

Median Sold Price

$453,750

$273/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$133,750(+41.8%)

Key Takeaway

Homes in Scott Creek Township have sold for 41.8% more than they did a month ago.

Summary: The median home sold price in Scott Creek Township was $453,750 in February 2024, up 41.8% from last month, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $320K$512.5K
+60.2%
3 -$395K
N/A
4 --
N/A
5+ --
N/A

Summary: Scott Creek Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 60.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Scott Creek Township
+41.8%
Cullowhee Township
+18.2%

Housing Supply in Scott Creek Township, NC

How many homes are available in Scott Creek Township, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
810+25.0%

Summary: The Scott Creek Township real estate market had 10 homes for sale in February 2024, a 25.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 35
+66.7%
4 01
+100.0%
5+ 00
0.0%

Summary: The Scott Creek Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scott Creek Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Scott Creek Township in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Scott Creek Township, NC

How long does it take to sell a home in Scott Creek Township, NC?

Average Sale Time

Jan 2024Feb 2024CHANGE
23 Days41 Days+78.3%

Summary: Homes in Scott Creek Township had an average of 41 days on market in Feb 2024, up by 78.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Scott Creek Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 2 homes were sold in Scott Creek Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Scott Creek Township, NC

Nearby Markets to Scott Creek Township, NC

What housing markets are near Scott Creek Township, NC?