Is Highland Creek, 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, Highland Creek has remained a Seller's Market.
Housing Prices in Highland Creek, NC
How much do homes in Highland Creek, NC cost?
Median Sold Price
$415,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Highland Creek was $415,000 in May 2024, down 0.9% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $325K | $320K | -1.5% |
3 Bedrooms | $388.5K | $392.9K | +1.1% |
4 Bedrooms | $462K | $443.8K | -3.9% |
5+ Bedrooms | $525K | $562.5K | +7.1% |
Summary: Highland Creek 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 decreased by 1.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in Highland Creek, NC
How many homes are available in Highland Creek, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 56 | +12.0% |
Summary: The Highland Creek real estate market had 56 homes for sale in May 2024, a 12.0% 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 | 2 | 4 | +100.0% |
3 Bedrooms | 19 | 15 | -21.1% |
4 Bedrooms | 20 | 23 | +15.0% |
5+ Bedrooms | 9 | 14 | +55.6% |
Summary: The Highland Creek 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 increased by 100%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 25 | +78.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Highland Creek in May 2024, up by 78.6% month-over-month. Of the 25 sold homes, 36% were sold under asking, 24% were sold at asking, and 40% were sold over asking.
Days on Market for Highland Creek, NC
How long does it take to sell a home in Highland Creek, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 19 Days | +64.3% |
Summary: Homes in Highland Creek had an average of 19 days on market in May 2024, up by 64.3% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 25 homes were sold in Highland Creek; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.