$3,444 Closing Credit*
$290,000
1,394 SqFt
3 Beds
•2 Full Baths
Listing Office: NextHome Olive Branch Real Estate
Is Cool Springs Township, 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, Cool Springs Township was a Seller's Market.
Key Takeaway
Cool Springs 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 Springs Township, NC
How much do homes in Cool Springs Township, NC cost?
Median Sold Price
$321,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,000(-1.2%)
Key Takeaway
Homes in Cool Springs Township have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Cool Springs Township was $321,000 in October 2024, down 1.2% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $142.7K | -33.6% |
| 3 Bedrooms | $320K | $325K | +1.6% |
| 4 Bedrooms | $444K | $780K | +75.7% |
| 5+ Bedrooms | $483.9K | - | N/A |
Summary: Cool Springs Township 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 decreased by 33.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 75.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Turnersburg Township | $262.9K | $279K | +6.1% |
| Bethany Township | $297K | $298K | 0.3% |
| Olin Township | $313.7K | $310.2K | -1.1% |
| Cool Springs Township | $325K | $321K | -1.2% |
Housing Supply in Cool Springs Township, NC
How many homes are available in Cool Springs Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The Cool Springs Township real estate market had 19 homes for sale in October 2024, a 5.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cool Springs 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cool Springs Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Cool Springs Township in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Cool Springs Township, NC
How long does it take to sell a home in Cool Springs Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 6 Days | -74.1% |
Summary: Homes in Cool Springs Township had an average of 6 days on market in Oct 2024, down by 74.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cool Springs Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Cool Springs Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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