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 September 2021

Since last year, Cooper Gap Township has remained a Neutral 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.

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

Median Sold Price

$375,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

-$80,000(-17.6%)

Key Takeaway

Homes in Cooper Gap Township have sold for 17.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $145K$95K
-34.5%
2 $295K$333K
+12.9%
3 $455K$315K
-30.8%
4 $710K$799K
+12.5%
5+ $1.1M$1.5M
+30.8%

Median Sold Price Compared To Nearby Cities

Chimney Rock Township
+17.3%
Lake Lure
+12.5%
White Oak Township
+6.0%
Mill Spring
-11.0%
Cooper Gap Township
-17.6%

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

Number of Homes For Sale

Aug 2022Sep 2022%
2227+22.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 45
+25.0%
3 913
+44.4%
4 66
0.0%
5+ 33
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
24+100.0%

Asking Price vs. Sold Price

3 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. 75% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
34 Days44 Days+29.6%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 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.

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

About Cooper Gap Township, NC

There are 27 homes are for sale in Cooper Gap Township, NC real estate market. The inventory of homes for sale in Cooper Gap Township, NC between August 2022 and September 2022 increased by 22.7%. In September 2022 median list price was $375,000 and the average listing age was 44 days. This housing market listing prices have changed between August 2022 and September 2022: 1 bedroom properties prices decreased by 34.5%, prices of 2 bedrooms properties went up by 12.9%, 3 bedrooms properties became 30.8% more cheaper, 4 bedrooms properties became 12.5% more expensive, 5 bedrooms properties prices increased by 30.8%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 25%, number of 3 bedrooms homes increased by 44.4%, 4 bedrooms homes inventory did not change, volume of 5 bedrooms homes stayed the same. In September 2022 more than 1 listings in Cooper Gap Township, NC were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below.

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