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 neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Cooper Gap Township was a Seller's Market.

Key Takeaway

Cooper Gap Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cooper Gap Township, NC

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

Median Sold Price

$595,000

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$160,000(+36.8%)

Key Takeaway

Homes in Cooper Gap Township have sold for 36.8% more than they did a year ago.

Summary: The median home sold price in Cooper Gap Township was $595,000 in March 2024, up 36.8% from last year, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$165.1K
N/A
2 $337K$595K
+76.6%
3 $341K$675K
+97.9%
4 $951.2K$503.5K
-47.1%
5+ $1.6M-
N/A

Summary: Cooper Gap Township 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 76.6%, 3 bedroom homes increased by 97.9%, 4 bedroom homes decreased by 47.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cooper Gap Township
+36.8%
Mill Spring
+22.4%
White Oak Township
+8.7%
Chimney Rock Township
+1.1%
Green Hill Township
-21.3%

Housing Supply in Cooper Gap Township, NC

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1820+11.1%

Summary: The Cooper Gap Township real estate market had 20 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 77
0.0%
3 33
0.0%
4 56
+20.0%
5+ 22
0.0%

Summary: The Cooper Gap Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cooper Gap Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Cooper Gap Township in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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

Mar 2023Mar 2024CHANGE
62 Days59 Days-4.8%

Summary: Homes in Cooper Gap Township had an average of 59 days on market in Mar 2024, down by 4.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 March 2024, 3 homes were sold in Cooper Gap Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

Nearby Markets to Cooper Gap Township, NC

What housing markets are near Cooper Gap Township, NC?