$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 November 2023
Since last year, Gold Hill has remained a Seller's Market.
Key Takeaway
Gold Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gold Hill, NC
How much do homes in Gold Hill, NC cost?
Median Sold Price
$293,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$11,000(-3.6%)
Key Takeaway
Homes in Gold Hill have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Gold Hill was $293,000 in November 2024, down 3.6% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $234.8K | $273.9K | +16.7% |
| 3 Bedrooms | $308K | $293K | -4.9% |
| 4 Bedrooms | $431.2K | $439.9K | +2.0% |
| 5+ Bedrooms | $425K | $270K | -36.5% |
Summary: Gold Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 36.5%.
Median Sold Price Compared To Nearby Cities
| Morgan Township | $269.9K | $430K | +59.3% |
| Providence Township | $350K | $370K | +5.7% |
| Gold Hill Township | $280K | $282K | +0.7% |
| Gold Hill | $304K | $293K | -3.6% |
Housing Supply in Gold Hill, NC
How many homes are available in Gold Hill, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Summary: The Gold Hill real estate market had 12 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gold Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gold Hill, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Gold Hill in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 8 Days | -34.0% |
Summary: Homes in Gold Hill had an average of 8 days on market in Nov 2024, down by 34% compared to last year.
Breakdown of Home Sale Times
4 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 November 2024, 4 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.
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