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 March 2023
At the same time last year, Cool Spring Township was a Seller's Market.
Housing Prices in Cool Spring Township, NC
How much do homes in Cool Spring Township, NC cost?
Median Sold Price
$214,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cool Spring Township was $214,500 in March 2024, up 9.7% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $131.5K | -48.4% |
2 Bedrooms | $139.7K | $162K | +16.0% |
3 Bedrooms | $198K | $216.5K | +9.3% |
4 Bedrooms | $227.7K | $300K | +31.7% |
5+ Bedrooms | $340.7K | $238K | -30.1% |
Summary: Cool Spring Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.4%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 31.7%, and 5+ bedroom homes decreased by 30.1%.
Median Sold Price Compared To Nearby Cities
Colfax Township | $237K | $300K | +26.6% |
Forest City | $189.5K | $215K | +13.5% |
Cool Spring Township | $195.5K | $214.5K | +9.7% |
Spindale | $163K | $157K | -3.7% |
Housing Supply in Cool Spring Township, NC
How many homes are available in Cool Spring Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 54 | +12.5% |
Summary: The Cool Spring Township real estate market had 54 homes for sale in March 2024, a 12.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 33 | 37 | +12.1% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Cool Spring Township 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 12.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 6 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Cool Spring Township in March 2024, down by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 72 Days | +15.6% |
Summary: Homes in Cool Spring Township had an average of 72 days on market in Mar 2024, up by 15.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Cool Spring Township; 0% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.