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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colerain Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Colerain Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Colerain Township, NC

How much do homes in Colerain Township, NC cost?

Median Sold Price

$169,700

$83/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$29,700(+21.2%)

Key Takeaway

Homes in Colerain Township have sold for 21.2% more than they did a month ago.

Summary: The median home sold price in Colerain Township was $169,700 in November 2024, up 21.2% from last month, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $140K-
N/A
3 -$169.7K
N/A
4 --
N/A
5+ --
N/A

Summary: Colerain Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mitchell Township
+173.9%
Colerain Township
+21.2%
Colerain
+21.2%

Housing Supply in Colerain Township, NC

How many homes are available in Colerain Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Colerain Township real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Colerain Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colerain Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Colerain Township in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Colerain Township, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
66 Days145 Days+119.7%

Summary: Homes in Colerain Township had an average of 145 days on market in Nov 2024, up by 119.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Colerain Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Colerain Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 17 Days Ago

Newest Listings in Colerain Township, NC

Nearby Markets to Colerain Township, NC

What housing markets are near Colerain Township, NC?