Is Scott 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
At the same time last year, Scott Creek Township was a Buyer's Market.
Key Takeaway
Scott Creek Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Scott Creek Township, NC
How much do homes in Scott Creek Township, NC cost?
Median Sold Price
$355,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Scott Creek Township have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Scott Creek Township was $355,000 in May 2024, up 2.4% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $320K | +52.4% |
| 3 Bedrooms | $339.5K | $355K | +4.6% |
| 4 Bedrooms | $1.3M | $3.0M | +127.4% |
| 5+ Bedrooms | $2.1M | - | N/A |
Summary: Scott 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 52.4%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 127.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cullowhee Township | $407K | $419K | +2.9% |
| Scott Creek Township | $346.7K | $355K | +2.4% |
Housing Supply in Scott Creek Township, NC
How many homes are available in Scott Creek Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Summary: The Scott Creek Township real estate market had 13 homes for sale in May 2024, a 27.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 1 | -83.3% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Scott 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 decreased by 83.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Scott Creek Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Scott Creek Township in May 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Scott Creek Township, NC
How long does it take to sell a home in Scott Creek Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 14 Days | 11 Days | -21.4% |
Summary: Homes in Scott Creek Township had an average of 11 days on market in May 2024, down by 21.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Scott Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Scott Creek Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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