Is High Shoals Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing High Shoals Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, High Shoals Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in High Shoals Township, NC

How much do homes in High Shoals Township, NC cost?

Median Sold Price

$196,700

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$11,700(+6.3%)

Key Takeaway

Homes in High Shoals Township have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in High Shoals Township was $196,700 in March 2024, up 6.3% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $164.2K$165K
0.5%
3 $185K$225K
+21.6%
4 $250.5K$224.5K
-10.4%
5+ $1.6M$234K
-85.8%

Summary: High Shoals 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 0.5%, 3 bedroom homes increased by 21.6%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 85.8%.

Median Sold Price Compared To Nearby Cities

Sulphur Springs Township
+23.6%
Cool Spring Township
+9.7%
High Shoals Township
+6.3%

Housing Supply in High Shoals Township, NC

How many homes are available in High Shoals Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3433-2.9%

Summary: The High Shoals Township real estate market had 33 homes for sale in March 2024, a 2.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1918
-5.3%
4 45
+25.0%
5+ 43
-25.0%

Summary: The High Shoals Township housing inventory by bedroom type for March 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 5.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

9 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 High Shoals Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in High Shoals Township in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for High Shoals Township, NC

How long does it take to sell a home in High Shoals Township, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days58 Days+25.3%

Summary: Homes in High Shoals Township had an average of 58 days on market in Mar 2024, up by 25.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in High Shoals Township has remained consistent over time.

Summary: During March 2024, 9 homes were sold in High Shoals Township; 22% of homes were sold within 30 days, 44% 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 19 Days Ago

Newest Listings in High Shoals Township, NC

Nearby Markets to High Shoals Township, NC

What housing markets are near High Shoals Township, NC?