Is Hogback Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hogback Township was a Neutral Market.
Housing Prices in Hogback Township, NC
How much do homes in Hogback Township, NC cost?
Median Sold Price
$565,000
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hogback Township was $565,000 in April 2024, up 2.7% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $254K | $376.8K | +48.4% |
2 Bedrooms | $225K | $349.9K | +55.6% |
3 Bedrooms | $1.0M | $625K | -39.0% |
4 Bedrooms | $1.4M | $1.2M | -13.9% |
5+ Bedrooms | $2.4M | $4.2M | +72.2% |
Summary: Hogback Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.4%, 2 bedroom homes increased by 55.6%, 3 bedroom homes decreased by 39%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes increased by 72.2%.
Median Sold Price Compared To Nearby Cities
Lake Toxaway | $485K | $545.3K | +12.5% |
Hogback Township | $550K | $565K | +2.7% |
Housing Supply in Hogback Township, NC
How many homes are available in Hogback Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 43 | +22.9% |
Summary: The Hogback Township real estate market had 43 homes for sale in April 2024, a 22.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 9 | +50.0% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hogback 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 increased by 50%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Hogback Township in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hogback Township, NC
How long does it take to sell a home in Hogback Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 92 Days | +29.8% |
Summary: Homes in Hogback Township had an average of 92 days on market in Apr 2024, up by 29.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Hogback Township; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.