Is Silver 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, Silver Creek Township has remained a Seller's Market.
Housing Prices in Silver Creek Township, NC
How much do homes in Silver Creek Township, NC cost?
Median Sold Price
$245,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Silver Creek Township was $245,000 in April 2024, down 2% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $132.5K | N/A |
2 Bedrooms | $178.5K | $167.7K | -6.0% |
3 Bedrooms | $250K | $254.9K | +2.0% |
4 Bedrooms | $255K | $485K | +90.2% |
5+ Bedrooms | $460K | - | N/A |
Summary: Silver 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 decreased by 6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 90.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Quaker Meadows Township | $280K | $320K | +14.3% |
Morganton | $251K | $268.2K | +6.9% |
Morganton Township | $251.3K | $266.7K | +6.1% |
Silver Creek Township | $249.9K | $245K | -2.0% |
Glen Alpine | $285K | $270K | -5.3% |
Housing Supply in Silver Creek Township, NC
How many homes are available in Silver Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 36 | +5.9% |
Summary: The Silver Creek Township real estate market had 36 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 24 | 26 | +8.3% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Silver 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 33.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Silver Creek Township in April 2024, up by 71.4% month-over-month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% were sold over asking.
Days on Market for Silver Creek Township, NC
How long does it take to sell a home in Silver Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 18 Days | -74.6% |
Summary: Homes in Silver Creek Township had an average of 18 days on market in Apr 2024, down by 74.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Silver Creek Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.