Is Cooper Gap Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cooper Gap Township has remained a Seller's Market.
Housing Prices in Cooper Gap Township, NC
How much do homes in Cooper Gap Township, NC cost?
Median Sold Price
$600,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cooper Gap Township was $600,000 in April 2024, up 45.5% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $165.1K | N/A |
2 Bedrooms | $405K | $595K | +46.9% |
3 Bedrooms | $328K | $675K | +105.8% |
4 Bedrooms | $900K | $802.5K | -10.8% |
5+ Bedrooms | $1.6M | - | N/A |
Summary: Cooper Gap Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.9%, 3 bedroom homes increased by 105.8%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cooper Gap Township | $412.5K | $600K | +45.5% |
Mill Spring | $454K | $532K | +17.2% |
Chimney Rock Township | $455K | $480K | +5.5% |
White Oak Township | $390K | $338K | -13.3% |
Housing Supply in Cooper Gap Township, NC
How many homes are available in Cooper Gap Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 22 | +15.8% |
Summary: The Cooper Gap Township real estate market had 22 homes for sale in April 2024, a 15.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 4 | 8 | +100.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Cooper Gap Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Cooper Gap Township in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 92 Days | +1220.0% |
Summary: Homes in Cooper Gap Township had an average of 92 days on market in Apr 2024, up by 1220% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Cooper Gap Township; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.