Is Lanes 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, Lanes Creek Township was a Neutral Market.
Housing Prices in Lanes Creek Township, NC
How much do homes in Lanes Creek Township, NC cost?
Median Sold Price
$389,900
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lanes Creek Township was $389,900 in April 2024, up 8.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | - | N/A |
2 Bedrooms | $180K | $315.8K | +75.5% |
3 Bedrooms | $235K | $347.5K | +47.9% |
4 Bedrooms | $399.9K | $397.5K | -0.6% |
5+ Bedrooms | - | - | N/A |
Summary: Lanes 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 75.5%, 3 bedroom homes increased by 47.9%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Marshville Township | $290K | $350K | +20.7% |
Lanes Creek Township | $359K | $389.9K | +8.6% |
Buford Township | $373.4K | $390K | +4.4% |
Housing Supply in Lanes Creek Township, NC
How many homes are available in Lanes Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 15 | +36.4% |
Summary: The Lanes Creek Township real estate market had 15 homes for sale in April 2024, a 36.4% 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 | 2 | 1 | -50.0% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lanes 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 increased by 33.3%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lanes Creek Township in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lanes Creek Township, NC
How long does it take to sell a home in Lanes Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 17 Days | 0.0% |
Summary: Homes in Lanes Creek Township had an average of 17 days on market in Apr 2024, the same as last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Lanes Creek Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.