$21,000
0.84 Acres
Land
Perry Harris, Alice Adams, Listing Office: Harris Realty & Land, LLC
Is Coats, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Coats was a Seller's Market.
Key Takeaway
Coats is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Coats, NC
How much do homes in Coats, NC cost?
Median Sold Price
$259,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,000(+5.3%)
Key Takeaway
Homes in Coats have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Coats was $259,000 in October 2024, up 5.3% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $215K | 0.0% |
| 3 Bedrooms | $260K | $266.7K | +2.6% |
| 4 Bedrooms | $238.5K | $424.4K | +78.0% |
| 5+ Bedrooms | $165K | $603.7K | +265.9% |
Summary: Coats housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 78%, and 5+ bedroom homes increased by 265.9%.
Median Sold Price Compared To Nearby Cities
| Grove Township | $270K | $285K | +5.6% |
| Dunn | $250K | $264K | +5.6% |
| Coats | $246K | $259K | +5.3% |
Housing Supply in Coats, NC
How many homes are available in Coats, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 21 | -19.2% |
Summary: The Coats real estate market had 21 homes for sale in October 2024, a 19.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 14 | 9 | -35.7% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Coats housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 35.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coats, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Coats in October 2024, down by 75.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Coats, NC
How long does it take to sell a home in Coats, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 48 Days | -2.0% |
Summary: Homes in Coats had an average of 48 days on market in Oct 2024, down by 2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Coats has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Coats; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.