Is Long Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Long Creek Township has remained a Seller's Market.
Key Takeaway
Long Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Long Creek Township, NC
How much do homes in Long Creek Township, NC cost?
Median Sold Price
$362,097
$186/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Long Creek Township have sold for 8.8% less than they did a month ago.
Summary: The median home sold price in Long Creek Township was $362,097 in April 2024, down 8.8% from last month, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $361.9K | $351.7K | -2.8% |
| 4 Bedrooms | $599.9K | $539K | -10.2% |
| 5+ Bedrooms | $570K | - | N/A |
Summary: Long Creek Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes did not change.
Housing Supply in Long Creek Township, NC
How many homes are available in Long Creek Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 49 | 38 | -22.4% |
Summary: The Long Creek Township real estate market had 38 homes for sale in April 2024, a 22.4% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 29 | 22 | -24.1% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Long 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 decreased by 24.1%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Long Creek Township, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Long Creek Township in April 2024, down by 7.7% month-over-month. Of the 12 sold homes, 17% were sold under asking, 42% were sold at asking, and 42% were sold over asking.
Days on Market for Long Creek Township, NC
How long does it take to sell a home in Long Creek Township, NC?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 140 Days | 61 Days | -56.2% |
Summary: Homes in Long Creek Township had an average of 61 days on market in Apr 2024, down by 56.2% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Long Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Long Creek Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
