$2,363 Closing Credit*
$199,000
1,792 SqFt
3 Beds
•2 Full Baths
Listing Office: Collective Realty LLC
Is Cool Spring Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cool Spring Township has remained a Seller's Market.
Key Takeaway
Cool Spring Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cool Spring Township, NC
How much do homes in Cool Spring Township, NC cost?
Median Sold Price
$217,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+10.2%)
Key Takeaway
Homes in Cool Spring Township have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Cool Spring Township was $217,000 in October 2024, up 10.2% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $102.7K | -59.7% |
| 2 Bedrooms | $156K | $155K | -0.6% |
| 3 Bedrooms | $200.1K | $239.9K | +19.9% |
| 4 Bedrooms | $267.5K | $305K | +14.0% |
| 5+ Bedrooms | $238K | $245K | +2.9% |
Summary: Cool Spring Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.7%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 19.9%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
| Forest City | $195K | $220K | +12.8% |
| Cool Spring Township | $197K | $217K | +10.2% |
| Spindale | $158K | $169K | +7.0% |
| Colfax Township | $310K | $322.5K | +4.0% |
Housing Supply in Cool Spring Township, NC
How many homes are available in Cool Spring Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 71 | -5.3% |
Summary: The Cool Spring Township real estate market had 71 homes for sale in October 2024, a 5.3% 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 | 16 | 13 | -18.8% |
| 3 Bedrooms | 43 | 41 | -4.7% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Cool Spring Township 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 18.8%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cool Spring Township, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Cool Spring Township in October 2024, up by 18.2% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Cool Spring Township, NC
How long does it take to sell a home in Cool Spring Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 40 Days | -4.8% |
Summary: Homes in Cool Spring Township had an average of 40 days on market in Oct 2024, down by 4.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cool Spring Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Cool Spring Township; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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