Is Howards 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, Howards Creek Township has remained a Seller's Market.
Key Takeaway
Howards Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Howards Creek Township, NC
How much do homes in Howards Creek Township, NC cost?
Median Sold Price
$270,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Howards Creek Township have sold for 12.5% less than they did a year ago.
Summary: The median home sold price in Howards Creek Township was $270,000 in April 2024, down 12.5% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $86.5K | N/A |
| 2 Bedrooms | $234K | $242.5K | +3.6% |
| 3 Bedrooms | $315K | $270K | -14.3% |
| 4 Bedrooms | $389K | $541K | +39.1% |
| 5+ Bedrooms | $307.5K | $437.5K | +42.3% |
Summary: Howards 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 3.6%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 39.1%, and 5+ bedroom homes increased by 42.3%.
Median Sold Price Compared To Nearby Cities
| Vale | $230K | $270K | +17.4% |
| Lincolnton Township | $257.4K | $299.7K | +16.4% |
| Lincolnton | $261.7K | $299.9K | +14.6% |
| Howards Creek Township | $308.5K | $270K | -12.5% |
Housing Supply in Howards Creek Township, NC
How many homes are available in Howards Creek Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 49 | 40 | -18.4% |
Summary: The Howards Creek Township real estate market had 40 homes for sale in April 2024, a 18.4% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 42 | 36 | -14.3% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Howards 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 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Howards Creek Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Howards Creek Township in April 2024, down by 27.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Howards Creek Township, NC
How long does it take to sell a home in Howards Creek Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 74 Days | 43 Days | -41.9% |
Summary: Homes in Howards Creek Township had an average of 43 days on market in Apr 2024, down by 41.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Howards Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Howards Creek Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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