Is Hectors 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, Hectors Creek Township has remained a Seller's Market.
Housing Prices in Hectors Creek Township, NC
How much do homes in Hectors Creek Township, NC cost?
Median Sold Price
$405,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hectors Creek Township was $405,000 in April 2024, down 2.6% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $301.9K | $393.7K | +30.4% |
3 Bedrooms | $389.2K | $382.7K | -1.7% |
4 Bedrooms | $455K | $409.6K | -10.0% |
5+ Bedrooms | $435.6K | $410.2K | -5.8% |
Summary: Hectors 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 30.4%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Cities
Neills Creek Township | $359.9K | $376K | +4.4% |
Fuquay Varina | $456K | $449.9K | -1.3% |
Black River Township | $350K | $345K | -1.4% |
Hectors Creek Township | $415.9K | $405K | -2.6% |
Buckhorn Township | $431.8K | $414K | -4.1% |
Housing Supply in Hectors Creek Township, NC
How many homes are available in Hectors Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 64 | -3.0% |
Summary: The Hectors Creek Township real estate market had 64 homes for sale in April 2024, a 3.0% 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 | 1 | 4 | +300.0% |
3 Bedrooms | 31 | 26 | -16.1% |
4 Bedrooms | 24 | 25 | +4.2% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Hectors 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 300%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 11 | -35.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Hectors Creek Township in April 2024, down by 35.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.
Days on Market for Hectors Creek Township, NC
How long does it take to sell a home in Hectors Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
104 Days | 37 Days | -64.1% |
Summary: Homes in Hectors Creek Township had an average of 37 days on market in Apr 2024, down by 64.1% compared to last year.
Breakdown of Home Sale Times
6 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, 11 homes were sold in Hectors Creek Township; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.