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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Creedmoor, NC Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Creedmoor, NC Housing Market Trends

With a population of 4,974, 1,916 total housing units (homes and apartments), and a median house value of $291,600, Creedmoor real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Creedmoor, accounting for 87.03% of the city's housing units. Other types of housing that are prevalent in Creedmoor include duplexes, homes converted to apartments or other small apartment buildings ( 10.17%), mobile homes or trailers ( 1.92%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Creedmoor. Owner-occupied housing accounts for 83.74% of Creedmoor's homes, and 80.60% have either three or four bedrooms, which is average sized relative to America.

Creedmoor homes and real estate are some of the newest in America. 46.37% of Creedmoor's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Creedmoor real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.79%), and between 1940-1969 ( 14.64%). There's also some housing in Creedmoor built before 1939 ( 2.21%).

Creedmoor Home Appreciation Rates

Appreciation rates for homes in Creedmoor have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 101.22%, which ranks in the top 40% nationwide. This equates to an annual average Creedmoor house appreciation rate of 7.24%.

NeighborhoodScout's data show that during the latest twelve months, Creedmoor's appreciation rate, at 6.34%, has been at or slightly above the national average. In the latest quarter, Creedmoor's appreciation rate has been 2.64%, which annualizes to a rate of 10.98%.

Relative to North Carolina, our data show that Creedmoor's latest annual appreciation rate is lower than 60% of the other cities and towns in North Carolina.

Average Home Values

Median Home Value

$291,600

Creedmoor, NC Home Prices
> $1,422,000
$1,067,001 - $1,422,000
$712,001 - $1,067,000
$569,001 - $712,000
$427,001 - $569,000
$284,001 - $427,000
$142,001 - $284,000
$71,001 - $142,000
$0 - $71,000
0.1%
0.1%
1.1%
1.1%
2.8%
2.8%
4.3%
4.3%
16.4%
16.4%
37.2%
37.2%
24.4%
24.4%
4.2%
4.2%
9.6%
9.6%
0% 100.0%
% of Homes
Average

for North carolina

Average

for nation

Number of Homes And Apartments:

1,916

Creedmoor Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,093 / per month

Homeownership Rate

Owners
Renters
83.7%
83.7%
16.3%
16.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.9%
5.9%
94.1%
94.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
46.4%
46.4%
36.8%
36.8%
14.6%
14.6%
2.2%
2.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
87.0%
87.0%
0.9%
0.9%
10.2%
10.2%
0.0%
0.0%
1.9%
1.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
3.1%
3.1%
15.5%
15.5%
68.0%
68.0%
12.6%
12.6%
0.8%
0.8%
0% 100.0%
% of Homes

Popular Neighborhoods in Creedmoor

Zip Codes in Creedmoor, NC