Is Gold Hill 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, Gold Hill Township was a Seller's Market.
Key Takeaway
Gold Hill 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 Gold Hill Township, NC
How much do homes in Gold Hill Township, NC cost?
Median Sold Price
$267,500
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Gold Hill Township have sold for 10.8% less than they did a year ago.
Summary: The median home sold price in Gold Hill Township was $267,500 in May 2024, down 10.8% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $134K | $211.5K | +57.8% |
| 2 Bedrooms | $207.5K | $222.5K | +7.2% |
| 3 Bedrooms | $285K | $274.9K | -3.5% |
| 4 Bedrooms | $352.4K | $365K | +3.6% |
| 5+ Bedrooms | $365K | $365K | 0.0% |
Summary: Gold Hill Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.8%, 2 bedroom homes increased by 7.2%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Morgan Township | $310K | $355.7K | +14.8% |
| Providence Township | $325K | $370K | +13.8% |
| Rockwell | $299.9K | $282K | -6.0% |
| Gold Hill Township | $299.9K | $267.5K | -10.8% |
Housing Supply in Gold Hill Township, NC
How many homes are available in Gold Hill Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 | 43 | +16.2% |
Summary: The Gold Hill Township real estate market had 43 homes for sale in May 2024, a 16.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Gold Hill Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Gold Hill Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Gold Hill Township in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Gold Hill Township, NC
How long does it take to sell a home in Gold Hill Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 23 Days | +109.3% |
Summary: Homes in Gold Hill Township had an average of 23 days on market in May 2024, up by 109.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gold Hill Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Gold Hill Township; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.