Is Belews 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, Belews Creek Township has remained a Seller's Market.
Key Takeaway
Belews Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belews Creek Township, NC
How much do homes in Belews Creek Township, NC cost?
Median Sold Price
$315,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Belews Creek Township have sold for 5% more than they did a year ago.
Summary: The median home sold price in Belews Creek Township was $315,000 in April 2024, up 5% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $261.5K | $306.5K | +17.2% |
| 3 Bedrooms | $285K | $280K | -1.8% |
| 4 Bedrooms | $447.5K | $532.5K | +19.0% |
| 5+ Bedrooms | - | $425K | N/A |
Summary: Belews 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 17.2%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 19%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Oak Ridge Township | $529.8K | $599K | +13.0% |
| Oak Ridge | $570K | $639.9K | +12.3% |
| Belews Creek Township | $300K | $315K | +5.0% |
| Salem Chapel Township | $270K | $265K | -1.9% |
Housing Supply in Belews Creek Township, NC
How many homes are available in Belews Creek Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 22 | +69.2% |
Summary: The Belews Creek Township real estate market had 22 homes for sale in April 2024, a 69.2% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 3 | 9 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Belews 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 remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belews Creek Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Belews Creek Township in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Belews Creek Township, NC
How long does it take to sell a home in Belews Creek Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 39 Days | 0.0% |
Summary: Homes in Belews Creek Township had an average of 39 days on market in Apr 2024, the same as last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Belews Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Belews Creek Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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