Is Cooper Gap Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cooper Gap Township is a buyer's market

Buyer's
Market

Difference Since June 2023

Since last year, Cooper Gap Township has remained a Buyer's Market.

Key Takeaway

Cooper Gap Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cooper Gap Township, NC

How much do homes in Cooper Gap Township, NC cost?

Median Sold Price

$595,000

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$66,588(+12.6%)

Key Takeaway

Homes in Cooper Gap Township have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in Cooper Gap Township was $595,000 in June 2024, up 12.6% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 -$120K
N/A
2 $526.8K$595K
+12.9%
3 $375K$675K
+80.0%
4 $951.2K$802.5K
-15.6%
5+ $1.2M$329K
-73.8%

Summary: Cooper Gap Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 80%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes decreased by 73.8%.

Median Sold Price Compared To Nearby Cities

Mill Spring
+14.4%
Cooper Gap Township
+12.6%
Chimney Rock Township
+12.5%
White Oak Township
+8.0%
Green Hill Township
-12.9%

Housing Supply in Cooper Gap Township, NC

How many homes are available in Cooper Gap Township, NC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
2723-14.8%

Summary: The Cooper Gap Township real estate market had 23 homes for sale in June 2024, a 14.8% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 10
-100.0%
2 55
0.0%
3 129
-25.0%
4 44
0.0%
5+ 55
0.0%

Summary: The Cooper Gap Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
91-88.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cooper Gap Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Cooper Gap Township in June 2024, down by 88.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Cooper Gap Township, NC

How long does it take to sell a home in Cooper Gap Township, NC?

Average Sale Time

Jun 2023Jun 2024CHANGE
5 Days4 Days-20.0%

Summary: Homes in Cooper Gap Township had an average of 4 days on market in Jun 2024, down by 20% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cooper Gap Township are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 1 homes were sold in Cooper Gap Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Cooper Gap Township, NC

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What housing markets are near Cooper Gap Township, NC?