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 September 2023

At the same time last year, Cooper Gap Township was a Neutral 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

$297/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$98,000(+19.7%)

Key Takeaway

Homes in Cooper Gap Township have sold for 19.7% more than they did a year ago.

Summary: The median home sold price in Cooper Gap Township was $595,000 in September 2024, up 19.7% from last year, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$120K
N/A
2 $528.4K$486.5K
-7.9%
3 $447.5K$687.5K
+53.6%
4 $900K$902.5K
0.3%
5+ $899K$329K
-63.4%

Summary: Cooper Gap Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 53.6%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 63.4%.

Median Sold Price Compared To Nearby Cities

Mill Spring
+38.9%
Cooper Gap Township
+19.7%
Chimney Rock Township
+17.0%
Green Hill Township
-13.3%

Housing Supply in Cooper Gap Township, NC

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
23230.0%

Summary: The Cooper Gap Township real estate market had 23 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1110
-9.1%
4 45
+25.0%
5+ 44
0.0%

Summary: The Cooper Gap Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 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 September 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

Sep 2023Sep 2024CHANGE
48 Days151 Days+212.0%

Summary: Homes in Cooper Gap Township had an average of 151 days on market in Sep 2024, up by 212% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cooper Gap Township has remained consistent over time.

Summary: During September 2024, 3 homes were sold in Cooper Gap Township; 0% of homes were sold within 30 days, 67% 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 30 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?