Is Abbotts Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Abbotts Creek Township has remained a Seller's Market.
Housing Prices in Abbotts Creek Township, NC
How much do homes in Abbotts Creek Township, NC cost?
Median Sold Price
$325,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Abbotts Creek Township was $325,000 in April 2024, up 3.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $122K | N/A |
2 Bedrooms | $181K | $218.2K | +20.6% |
3 Bedrooms | $270K | $300K | +11.1% |
4 Bedrooms | $502.5K | $520K | +3.5% |
5+ Bedrooms | $587.5K | $537.2K | -8.6% |
Summary: Abbotts Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Cities
Midway Township | $300K | $355K | +18.3% |
Abbotts Creek Township | $344.2K | $365K | +6.0% |
Abbotts Creek Township | $314.5K | $325K | +3.3% |
Wallburg | $299K | $297.5K | -0.5% |
Broadbay Township | $285K | $265K | -7.0% |
Housing Supply in Abbotts Creek Township, NC
How many homes are available in Abbotts Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 46 | -2.1% |
Summary: The Abbotts Creek Township real estate market had 46 homes for sale in April 2024, a 2.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 29 | 26 | -10.3% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Abbotts Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Abbotts Creek Township in April 2024, down by 6.3% month-over-month. Of the 15 sold homes, 27% were sold under asking, 40% were sold at asking, and 33% were sold over asking.
Days on Market for Abbotts Creek Township, NC
How long does it take to sell a home in Abbotts Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 31 Days | +21.2% |
Summary: Homes in Abbotts Creek Township had an average of 31 days on market in Apr 2024, up by 21.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Abbotts Creek Township; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.