Is Middle 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, Middle Creek Township has remained a Seller's Market.
Key Takeaway
Middle Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middle Creek Township, NC
How much do homes in Middle Creek Township, NC cost?
Median Sold Price
$484,950
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Middle Creek Township have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Middle Creek Township was $484,950 in April 2024, up 2.1% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | - | N/A |
| 2 Bedrooms | $331.8K | $415K | +25.1% |
| 3 Bedrooms | $400.3K | $420K | +4.9% |
| 4 Bedrooms | $512.2K | $550K | +7.4% |
| 5+ Bedrooms | $602.7K | $621K | +3.0% |
Summary: Middle 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 25.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
| Middle Creek Township | $475.1K | $484.9K | +2.1% |
| Fuquay-Varina | $429.3K | $433.9K | +1.1% |
| Fuquay Varina | $456K | $449.9K | -1.3% |
| Holly Springs | $585.2K | $569.3K | -2.7% |
| Holly Springs Township | $579.5K | $561.3K | -3.1% |
Housing Supply in Middle Creek Township, NC
How many homes are available in Middle Creek Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 282 | 300 | +6.4% |
Summary: The Middle Creek Township real estate market had 300 homes for sale in April 2024, a 6.4% 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 | 17 | 18 | +5.9% |
| 3 Bedrooms | 120 | 122 | +1.7% |
| 4 Bedrooms | 99 | 110 | +11.1% |
| 5+ Bedrooms | 46 | 50 | +8.7% |
Summary: The Middle 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 5.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 8.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 66 | 89 | +34.8% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middle Creek Township, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.
Summary: A total of 89 homes were sold or pending in Middle Creek Township in April 2024, up by 34.8% month-over-month. Of the 89 sold homes, 47% were sold under asking, 25% were sold at asking, and 28% were sold over asking.
Days on Market for Middle Creek Township, NC
How long does it take to sell a home in Middle Creek Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 101 Days | 34 Days | -65.7% |
Summary: Homes in Middle Creek Township had an average of 34 days on market in Apr 2024, down by 65.7% compared to last year.
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middle Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 89 homes were sold in Middle Creek Township; 67% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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