$759,000
Land
Listing Office: Helen Adams Realty
Is Cotswold, 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, Cotswold has remained a Seller's Market.
Key Takeaway
Cotswold is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cotswold, NC
How much do homes in Cotswold, NC cost?
Median Sold Price
$985,000
$394/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$210,500(+27.2%)
Key Takeaway
Homes in Cotswold have sold for 27.2% more than they did a year ago.
Summary: The median home sold price in Cotswold was $985,000 in October 2024, up 27.2% from last year, and the median price per square foot was $394.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $160.3K | -25.4% |
| 2 Bedrooms | $281K | $290K | +3.2% |
| 3 Bedrooms | $675K | $610K | -9.6% |
| 4 Bedrooms | $774.7K | $1.0M | +34.2% |
| 5+ Bedrooms | $2.0M | $2.1M | +4.5% |
Summary: Cotswold housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.4%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 34.2%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Cotswold | $774.5K | $985K | +27.2% |
| Sherwood Forest | $731K | $610K | -16.6% |
Housing Supply in Cotswold, NC
How many homes are available in Cotswold, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 62 | +8.8% |
Summary: The Cotswold real estate market had 62 homes for sale in October 2024, a 8.8% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The Cotswold 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cotswold, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Cotswold in October 2024, up by 30.8% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.
Days on Market for Cotswold, NC
How long does it take to sell a home in Cotswold, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 27 Days | +110.2% |
Summary: Homes in Cotswold had an average of 27 days on market in Oct 2024, up by 110.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cotswold are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Cotswold; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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