Is Cedar 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, Cedar Creek Township has remained a Seller's Market.
Housing Prices in Cedar Creek Township, NC
How much do homes in Cedar Creek Township, NC cost?
Median Sold Price
$279,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cedar Creek Township was $279,000 in April 2024, up 8.3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | - | N/A |
2 Bedrooms | $175K | $86.4K | -50.6% |
3 Bedrooms | $230K | $240K | +4.3% |
4 Bedrooms | $295.9K | $313.5K | +5.9% |
5+ Bedrooms | $380K | $342.7K | -9.8% |
Summary: Cedar 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 decreased by 50.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Cities
Stedman | $264.4K | $299.9K | +13.4% |
Cedar Creek Township | $257.5K | $279K | +8.3% |
Autryville | $255.9K | $276.9K | +8.2% |
Eastover Township | $325K | $310K | -4.6% |
Housing Supply in Cedar Creek Township, NC
How many homes are available in Cedar Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 43 | -4.4% |
Summary: The Cedar Creek Township real estate market had 43 homes for sale in April 2024, a 4.4% decrease 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 | 3 | 2 | -33.3% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 21 | 18 | -14.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Cedar 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 decreased by 33.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Cedar Creek Township in April 2024, down by 16.7% month-over-month. Of the 10 sold homes, 20% were sold under asking, 30% were sold at asking, and 50% were sold over asking.
Days on Market for Cedar Creek Township, NC
How long does it take to sell a home in Cedar Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
129 Days | 25 Days | -80.7% |
Summary: Homes in Cedar Creek Township had an average of 25 days on market in Apr 2024, down by 80.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Cedar Creek Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.