Is Town 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, Town Creek Township has remained a Seller's Market.
Key Takeaway
Town Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Town Creek Township, NC
How much do homes in Town Creek Township, NC cost?
Median Sold Price
$375,666
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Town Creek Township have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Town Creek Township was $375,666 in March 2024, up 4.4% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $287.5K | $269K | -6.4% |
| 3 Bedrooms | $339.9K | $359.8K | +5.9% |
| 4 Bedrooms | $430K | $439.9K | +2.3% |
| 5+ Bedrooms | $507.5K | $464.5K | -8.5% |
Summary: Town 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 decreased by 6.4%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Bolivia | $339.9K | $378K | +11.2% |
| Boiling Spring Lakes | $299K | $314.9K | +5.3% |
| Town Creek Township | $359.9K | $375.6K | +4.4% |
| Leland | $373.7K | $386.9K | +3.5% |
| Winnabow | $359.2K | $349.5K | -2.7% |
Housing Supply in Town Creek Township, NC
How many homes are available in Town Creek Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 340 | 365 | +7.4% |
Summary: The Town Creek Township real estate market had 365 homes for sale in March 2024, a 7.4% 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 | 16 | 18 | +12.5% |
| 3 Bedrooms | 222 | 235 | +5.9% |
| 4 Bedrooms | 90 | 99 | +10.0% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Town 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 12.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 61 | 93 | +52.5% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Town Creek Township, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.
Summary: A total of 93 homes were sold or pending in Town Creek Township in March 2024, up by 52.5% month-over-month. Of the 93 sold homes, 48% were sold under asking, 43% were sold at asking, and 9% were sold over asking.
Days on Market for Town Creek Township, NC
How long does it take to sell a home in Town Creek Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 43 Days | +2.0% |
Summary: Homes in Town Creek Township had an average of 43 days on market in Mar 2024, up by 2% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Town Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 93 homes were sold in Town Creek Township; 61% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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