Is Falling 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, Falling Creek Township was a Neutral Market.
Housing Prices in Falling Creek Township, NC
How much do homes in Falling Creek Township, NC cost?
Median Sold Price
$215,450
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Falling Creek Township was $215,450 in April 2024, up 12.8% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $130.2K | $109.9K | -15.6% |
3 Bedrooms | $194K | $215.4K | +11.1% |
4 Bedrooms | $355K | $249K | -29.9% |
5+ Bedrooms | - | $880K | N/A |
Summary: Falling 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 15.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 29.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Falling Creek Township | $191K | $215.4K | +12.8% |
Kinston | $166.2K | $185K | +11.3% |
Institute Township | $209.9K | $230.2K | +9.6% |
Neuse Township | $159.9K | $172K | +7.6% |
Moseley Hall Township | $252K | $227.5K | -9.7% |
Housing Supply in Falling Creek Township, NC
How many homes are available in Falling Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Summary: The Falling Creek Township real estate market had 23 homes for sale in April 2024, a 9.5% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Falling 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Falling Creek Township in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Falling Creek Township, NC
How long does it take to sell a home in Falling Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 141 Days | +207.1% |
Summary: Homes in Falling Creek Township had an average of 141 days on market in Apr 2024, up by 207.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Falling Creek Township; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.