Is Cool Spring Township, 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, Cool Spring Township has remained a Seller's Market.
Housing Prices in Cool Spring Township, NC
How much do homes in Cool Spring Township, NC cost?
Median Sold Price
$217,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cool Spring Township was $217,000 in May 2024, up 12.1% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $131.5K | -48.4% |
2 Bedrooms | $144K | $165K | +14.6% |
3 Bedrooms | $197K | $220K | +11.7% |
4 Bedrooms | $223.5K | $300K | +34.2% |
5+ Bedrooms | $340.7K | $238K | -30.1% |
Summary: Cool Spring Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.4%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 34.2%, and 5+ bedroom homes decreased by 30.1%.
Median Sold Price Compared To Nearby Cities
Forest City | $190K | $217K | +14.2% |
Cool Spring Township | $193.5K | $217K | +12.1% |
Spindale | $165K | $166.5K | +0.9% |
Colfax Township | $390K | $300K | -23.1% |
Housing Supply in Cool Spring Township, NC
How many homes are available in Cool Spring Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
58 | 67 | +15.5% |
Summary: The Cool Spring Township real estate market had 67 homes for sale in May 2024, a 15.5% 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 | 14 | 17 | +21.4% |
3 Bedrooms | 38 | 43 | +13.2% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Cool Spring 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 increased by 21.4%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Cool Spring Township in May 2024, up by 55.6% month-over-month. Of the 14 sold homes, 57% were sold under asking, 36% were sold at asking, and 7% were sold over asking.
Days on Market for Cool Spring Township, NC
How long does it take to sell a home in Cool Spring Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 48 Days | +45.6% |
Summary: Homes in Cool Spring Township had an average of 48 days on market in May 2024, up by 45.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Cool Spring Township; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.