$5,451 Closing Credit*
$459,000
1,649 SqFt
2 Beds
•2 Full Baths
Listing Office: Lantern Realty & Development, LLC
Is Gold Hill, 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, Gold Hill was a Seller's Market.
Key Takeaway
Gold Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Gold Hill, NC
How much do homes in Gold Hill, NC cost?
Median Sold Price
$292,750
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,250(-5.0%)
Key Takeaway
Homes in Gold Hill have sold for 5% less than they did a year ago.
Summary: The median home sold price in Gold Hill was $292,750 in October 2024, down 5% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $231.3K | $273.9K | +18.4% |
| 3 Bedrooms | $308K | $293K | -4.9% |
| 4 Bedrooms | $431.2K | $610.4K | +41.6% |
| 5+ Bedrooms | $425K | $270K | -36.5% |
Summary: Gold Hill 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 increased by 18.4%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 41.6%, and 5+ bedroom homes decreased by 36.5%.
Median Sold Price Compared To Nearby Cities
| Morgan Township | $269.9K | $439.9K | +63.0% |
| Providence Township | $350K | $357.5K | +2.1% |
| Gold Hill Township | $280K | $280K | 0.0% |
| Gold Hill | $308K | $292.7K | -5.0% |
Housing Supply in Gold Hill, NC
How many homes are available in Gold Hill, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Gold Hill real estate market had 15 homes for sale in October 2024, a 7.1% 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gold Hill 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Gold Hill, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Gold Hill in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Gold Hill, NC
How long does it take to sell a home in Gold Hill, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 0 Days | -96.0% |
Summary: Homes in Gold Hill had an average of 0 days on market in Oct 2024, down by 96% compared to last year.
Breakdown of Home Sale Times
2 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 Gold Hill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Gold Hill; 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.
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.