Is Hoopers Creek Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hoopers Creek Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Hoopers Creek Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hoopers Creek Township, NC

How much do homes in Hoopers Creek Township, NC cost?

Median Sold Price

$420,350

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$29,600(+7.6%)

Key Takeaway

Homes in Hoopers Creek Township have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Hoopers Creek Township was $420,350 in March 2024, up 7.6% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $185K$282.2K
+52.6%
2 $277.9K$289.5K
+4.2%
3 $393.5K$413.2K
+5.0%
4 $479K$507.5K
+5.9%
5+ $572.5K$599K
+4.6%

Summary: Hoopers Creek Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.6%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Cities

Fletcher
+13.5%
Hoopers Creek Township
+7.6%
Clear Creek Township
-8.4%
Limestone Township
-10.2%

Housing Supply in Hoopers Creek Township, NC

How many homes are available in Hoopers Creek Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7996+21.5%

Summary: The Hoopers Creek Township real estate market had 96 homes for sale in March 2024, a 21.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 815
+87.5%
3 4347
+9.3%
4 2528
+12.0%
5+ 35
+66.7%

Summary: The Hoopers Creek 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 increased by 87.5%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2017-15.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hoopers Creek Township, you may be able to get a good deal. 82.4% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Hoopers Creek Township in March 2024, down by 15.0% month-over-month. Of the 17 sold homes, 82% were sold under asking, 6% were sold at asking, and 12% were sold over asking.

Days on Market for Hoopers Creek Township, NC

How long does it take to sell a home in Hoopers Creek Township, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
6 Days31 Days+364.4%

Summary: Homes in Hoopers Creek Township had an average of 31 days on market in Mar 2024, up by 364.4% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hoopers Creek Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 17 homes were sold in Hoopers Creek Township; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% 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 24 Days Ago

Newest Listings in Hoopers Creek Township, NC

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