$473,225
68.09 Acres
Land
#100473142, Listing Office: Ironhorse Properties, LLC
Is Gulf Township, 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, Gulf Township has remained a Seller's Market.
Key Takeaway
Gulf Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gulf Township, NC
How much do homes in Gulf Township, NC cost?
Median Sold Price
$373,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,500(+17.5%)
Key Takeaway
Homes in Gulf Township have sold for 17.5% more than they did a year ago.
Summary: The median home sold price in Gulf Township was $373,000 in October 2024, up 17.5% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $140K | N/A |
| 2 Bedrooms | $222K | $266K | +19.8% |
| 3 Bedrooms | $325K | $481.5K | +48.2% |
| 4 Bedrooms | $399K | - | N/A |
| 5+ Bedrooms | $485K | - | N/A |
Summary: Gulf 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 increased by 19.8%, 3 bedroom homes increased by 48.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Gulf Township, NC
How many homes are available in Gulf Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Gulf Township real estate market had 11 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Gulf 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
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 Gulf Township, 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 Gulf Township in October 2024, up by 100.0% month-over-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 Gulf Township, NC
How long does it take to sell a home in Gulf Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 14 Days | -68.8% |
Summary: Homes in Gulf Township had an average of 14 days on market in Oct 2024, down by 68.8% 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 Gulf Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Gulf 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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