Is Swift 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, Swift Creek Township has remained a Seller's Market.
Key Takeaway
Swift Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Swift Creek Township, NC
How much do homes in Swift Creek Township, NC cost?
Median Sold Price
$555,528
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Swift Creek Township have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Swift Creek Township was $555,528 in March 2024, up 5.9% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | - | N/A |
| 2 Bedrooms | $310K | $315K | +1.6% |
| 3 Bedrooms | $423.3K | $409.5K | -3.3% |
| 4 Bedrooms | $682.2K | $699.3K | +2.5% |
| 5+ Bedrooms | $824.5K | $799K | -3.1% |
Summary: Swift 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 1.6%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Cities
| Swift Creek Township | $524.7K | $555.5K | +5.9% |
| Cary Township | $564.2K | $583.5K | +3.4% |
| Panther Branch Township | $439.9K | $452.6K | +2.9% |
| Raleigh Township | $415.5K | $425.1K | +2.3% |
| Garner | $401.4K | $396.5K | -1.2% |
Housing Supply in Swift Creek Township, NC
How many homes are available in Swift Creek Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 157 | 177 | +12.7% |
Summary: The Swift Creek Township real estate market had 177 homes for sale in March 2024, a 12.7% 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 | 17 | 18 | +5.9% |
| 3 Bedrooms | 51 | 61 | +19.6% |
| 4 Bedrooms | 66 | 71 | +7.6% |
| 5+ Bedrooms | 23 | 27 | +17.4% |
Summary: The Swift 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 increased by 5.9%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 17.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 49 | +53.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swift Creek Township, you may be able to get a good deal. 36.7% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in Swift Creek Township in March 2024, up by 53.1% month-over-month. Of the 49 sold homes, 37% were sold under asking, 27% were sold at asking, and 37% were sold over asking.
Days on Market for Swift Creek Township, NC
How long does it take to sell a home in Swift Creek Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 97 Days | 78 Days | -19.8% |
Summary: Homes in Swift Creek Township had an average of 78 days on market in Mar 2024, down by 19.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Swift Creek Township has remained consistent over time.
Summary: During March 2024, 49 homes were sold in Swift Creek Township; 16% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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