$3,918 Closing Credit*
$329,900
3,720 SqFt
6 Beds
•4 Full Baths
Listing Office: Matheny Real Estate
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 November 2023
At the same time last year, Cool Spring Township was a Seller's Market.
Key Takeaway
Cool Spring Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cool Spring Township, NC
How much do homes in Cool Spring Township, NC cost?
Median Sold Price
$229,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+16.2%)
Key Takeaway
Homes in Cool Spring Township have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in Cool Spring Township was $229,000 in November 2024, up 16.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $102.7K | -59.7% |
| 2 Bedrooms | $156K | $152.9K | -2.0% |
| 3 Bedrooms | $200.1K | $240K | +19.9% |
| 4 Bedrooms | $275K | $305K | +10.9% |
| 5+ Bedrooms | $219K | $265K | +21.0% |
Summary: Cool Spring Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.7%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 19.9%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 21%.
Median Sold Price Compared To Nearby Cities
| Cool Spring Township | $197K | $229K | +16.2% |
| Forest City | $194.7K | $225K | +15.5% |
| Spindale | $156K | $180K | +15.4% |
| Colfax Township | $306.5K | $335K | +9.3% |
Housing Supply in Cool Spring Township, NC
How many homes are available in Cool Spring Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 78 | +8.3% |
Summary: The Cool Spring Township real estate market had 78 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 41 | 48 | +17.1% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Cool Spring Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 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. 58.3% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Cool Spring Township in November 2024, down by 7.1% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 40 Days | +145.0% |
Summary: Homes in Cool Spring Township had an average of 40 days on market in Nov 2024, up by 145% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 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 November 2024, 13 homes were sold in Cool Spring Township; 46% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.