Is Marks 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, Marks Creek Township has remained a Seller's Market.
Housing Prices in Marks Creek Township, NC
How much do homes in Marks Creek Township, NC cost?
Median Sold Price
$165,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marks Creek Township was $165,000 in April 2024, up 17.4% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $114K | N/A |
2 Bedrooms | $85K | $92K | +8.2% |
3 Bedrooms | $152.5K | $170K | +11.5% |
4 Bedrooms | $187.5K | $175K | -6.7% |
5+ Bedrooms | $163.2K | $172.4K | +5.6% |
Summary: Marks 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 8.2%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
Marks Creek Township | $140.5K | $165K | +17.4% |
Hamlet | $135K | $157.4K | +16.6% |
Rockingham | $170K | $174.5K | +2.6% |
Housing Supply in Marks Creek Township, NC
How many homes are available in Marks Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 34 | 0.0% |
Summary: The Marks Creek Township real estate market had 34 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 19 | 17 | -10.5% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Marks 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 14.3%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Marks Creek Township in April 2024, up by 28.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Marks Creek Township, NC
How long does it take to sell a home in Marks Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 15 Days | -64.8% |
Summary: Homes in Marks Creek Township had an average of 15 days on market in Apr 2024, down by 64.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Marks Creek Township; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.