Is Coats, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Coats has remained a Seller's Market.
Key Takeaway
Coats is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coats, NC
How much do homes in Coats, NC cost?
Median Sold Price
$258,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Coats have sold for 17.3% more than they did a year ago.
Summary: The median home sold price in Coats was $258,000 in March 2024, up 17.3% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $159.9K | $215K | +34.4% |
| 3 Bedrooms | $238K | $259K | +8.8% |
| 4 Bedrooms | $250K | $424.4K | +69.8% |
| 5+ Bedrooms | $522K | $390K | -25.3% |
Summary: Coats housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 69.8%, and 5+ bedroom homes decreased by 25.3%.
Median Sold Price Compared To Nearby Cities
| Coats | $220K | $258K | +17.3% |
| Dunn | $225K | $254.9K | +13.3% |
| Grove Township | $257.4K | $264.9K | +2.9% |
Housing Supply in Coats, NC
How many homes are available in Coats, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 28 | 0.0% |
Summary: The Coats real estate market had 28 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Coats housing inventory by bedroom type for March 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 5.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coats, 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 Coats in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Coats, NC
How long does it take to sell a home in Coats, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 96 Days | +68.4% |
Summary: Homes in Coats had an average of 96 days on market in Mar 2024, up by 68.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Coats has remained consistent over time.
Summary: During March 2024, 7 homes were sold in Coats; 0% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.