Is Gold Hill Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gold Hill Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Gold Hill Township has remained a Seller's Market.

Key Takeaway

Gold Hill Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gold Hill Township, NC

How much do homes in Gold Hill Township, NC cost?

Median Sold Price

$280,000

$177/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Gold Hill Township has remained the same since last year.

Summary: The median home sold price in Gold Hill Township was $280,000 in October 2024, the same as last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $140K$228K
+62.9%
2 $215K$242.5K
+12.8%
3 $280K$274.9K
-1.8%
4 $510K$352.5K
-30.9%
5+ $412.5K$359K
-13.0%

Summary: Gold Hill Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.9%, 2 bedroom homes increased by 12.8%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 30.9%, and 5+ bedroom homes decreased by 13%.

Median Sold Price Compared To Nearby Cities

Morgan Township
+63.0%
Providence Township
+2.1%
Gold Hill Township
0.0%

Housing Supply in Gold Hill Township, NC

How many homes are available in Gold Hill Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5054+8.0%

Summary: The Gold Hill Township real estate market had 54 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 3136
+16.1%
4 86
-25.0%
5+ 65
-16.7%

Summary: The Gold Hill 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 40%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
714+100.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gold Hill Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Gold Hill Township in October 2024, up by 100.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Gold Hill Township, NC

How long does it take to sell a home in Gold Hill Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days34 Days+56.5%

Summary: Homes in Gold Hill Township had an average of 34 days on market in Oct 2024, up by 56.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gold Hill Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in Gold Hill Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Gold Hill Township, NC

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