Is Hectors Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hectors Creek Township has remained a Seller's Market.
Housing Prices in Hectors Creek Township, NC
How much do homes in Hectors Creek Township, NC cost?
Median Sold Price
$400,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hectors Creek Township was $400,000 in May 2024, down 4.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $308.4K | $393.7K | +27.7% |
3 Bedrooms | $392.2K | $384K | -2.1% |
4 Bedrooms | $461.1K | $410.2K | -11.0% |
5+ Bedrooms | $431.5K | $406.4K | -5.8% |
Summary: Hectors Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Cities
Neills Creek Township | $359.9K | $380K | +5.6% |
Buckhorn Township | $429.3K | $430K | 0.2% |
Black River Township | $350K | $349.1K | -0.3% |
Fuquay Varina | $454.9K | $451K | -0.9% |
Hectors Creek Township | $419.4K | $400K | -4.6% |
Housing Supply in Hectors Creek Township, NC
How many homes are available in Hectors Creek Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
89 | 100 | +12.4% |
Summary: The Hectors Creek Township real estate market had 100 homes for sale in May 2024, a 12.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 32 | 34 | +6.3% |
4 Bedrooms | 40 | 52 | +30.0% |
5+ Bedrooms | 16 | 13 | -18.8% |
Summary: The Hectors Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 23 | +130.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Hectors Creek Township in May 2024, up by 130.0% month-over-month. Of the 23 sold homes, 30% were sold under asking, 57% were sold at asking, and 13% were sold over asking.
Days on Market for Hectors Creek Township, NC
How long does it take to sell a home in Hectors Creek Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
109 Days | 44 Days | -59.6% |
Summary: Homes in Hectors Creek Township had an average of 44 days on market in May 2024, down by 59.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 23 homes were sold in Hectors Creek Township; 78% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.