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 buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Hoopers Creek Township was a Seller's Market.

Key Takeaway

Hoopers Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hoopers Creek Township, NC

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

Median Sold Price

$418,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$26,000(+6.6%)

Key Takeaway

Homes in Hoopers Creek Township have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Hoopers Creek Township was $418,000 in April 2024, up 6.6% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $185K$282.2K
+52.6%
2 $276.4K$330K
+19.4%
3 $398.5K$410.5K
+3.0%
4 $482K$506.2K
+5.0%
5+ $572.5K$599K
+4.6%

Summary: Hoopers Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.6%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Cities

Fletcher
+9.6%
Hoopers Creek Township
+6.6%
Clear Creek Township
-4.9%
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

Mar 2024Apr 2024CHANGE
94122+29.8%

Summary: The Hoopers Creek Township real estate market had 122 homes for sale in April 2024, a 29.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1215
+25.0%
3 4765
+38.3%
4 2934
+17.2%
5+ 57
+40.0%

Summary: The Hoopers Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 38.3%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1814-22.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hoopers Creek Township, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Hoopers Creek Township in April 2024, down by 22.2% month-over-month. Of the 14 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% 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

Apr 2023Apr 2024CHANGE
22 Days28 Days+28.3%

Summary: Homes in Hoopers Creek Township had an average of 28 days on market in Apr 2024, up by 28.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were 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 April 2024, 14 homes were sold in Hoopers Creek Township; 79% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 14% 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 11 Days Ago

Newest Listings in Hoopers Creek Township, NC

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