Is Avery 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
At the same time last year, Avery Creek Township was a Seller's Market.
Housing Prices in Avery Creek Township, NC
How much do homes in Avery Creek Township, NC cost?
Median Sold Price
$590,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Avery Creek Township was $590,000 in April 2024, up 1.4% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $297.5K | $310K | +4.2% |
3 Bedrooms | $511.4K | $570K | +11.5% |
4 Bedrooms | $794.2K | $809.8K | +2.0% |
5+ Bedrooms | $796.4K | $845K | +6.1% |
Summary: Avery 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 4.2%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
Mills River | $550K | $599K | +8.9% |
Mills River Township | $442.5K | $469.3K | +6.1% |
Avery Creek Township | $582K | $590K | +1.4% |
Arden | $475K | $449.6K | -5.3% |
Limestone Township | $500K | $449K | -10.2% |
Housing Supply in Avery Creek Township, NC
How many homes are available in Avery Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 68 | +23.6% |
Summary: The Avery Creek Township real estate market had 68 homes for sale in April 2024, a 23.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 30 | 31 | +3.3% |
4 Bedrooms | 14 | 23 | +64.3% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Avery Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Avery Creek Township in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Avery Creek Township, NC
How long does it take to sell a home in Avery Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
83 Days | 66 Days | -20.5% |
Summary: Homes in Avery Creek Township had an average of 66 days on market in Apr 2024, down by 20.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Avery Creek Township; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.