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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gap Civil Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Gap Civil Township has remained a Seller's Market.

Key Takeaway

Gap Civil Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

Median Sold Price

$180,000

$135/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

+$25,000(+16.1%)

Key Takeaway

Homes in Gap Civil Township have sold for 16.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 $155K$228.5K
+47.4%
3 $412.5K$180K
-56.4%
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Gap Civil Township
+16.1%
Cherry Lane Township
-28.6%

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

Number of Homes For Sale

Sep 2022Oct 2022%
1415+7.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 54
-20.0%
3 911
+22.2%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
36+100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gap Civil Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2022Oct 2022%
16 Days41 Days+159.4%

Breakdown of Home Sale Times

3 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

Many homes in Gap Civil 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 Gap Civil Township, NC

There are 15 homes are for sale in Gap Civil Township, NC real estate market. The number of homes for sale in Gap Civil Township, NC increased by 7.1% between September 2022 and October 2022. In October 2022, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $180,000. Real estate listing prices changed between October 2021 and October 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 47.4%, prices of 3 bedrooms properties decreased by 56.4%, the cost of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes decreased by 20%, number of 3 bedrooms homes increased by 22.2%, number of 4 bedrooms homes remained the same, the quantity of 5 bedrooms homes have not changed. In October 2022 more than 0 listings in Gap Civil Township, NC were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below.