Is Hoopers Creek Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hoopers Creek Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hoopers Creek Township was a Seller's Market.

Key Takeaway

Hoopers Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hoopers Creek Township, NC

How much do homes in Hoopers Creek Township, NC cost?

Median Sold Price

$447,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$38,000(+9.3%)

Key Takeaway

Homes in Hoopers Creek Township have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Hoopers Creek Township was $447,000 in October 2024, up 9.3% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $259K$276.2K
+6.7%
2 $277.9K$325K
+16.9%
3 $411K$429K
+4.4%
4 $497.5K$490K
-1.5%
5+ $622.3K$590.7K
-5.1%

Summary: Hoopers Creek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 5.1%.

Median Sold Price Compared To Nearby Cities

Clear Creek Township
+23.4%
Limestone Township
+14.3%
Hoopers Creek Township
+9.3%
Fletcher
+5.9%

Housing Supply in Hoopers Creek Township, NC

How many homes are available in Hoopers Creek Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
134138+3.0%

Summary: The Hoopers Creek Township real estate market had 138 homes for sale in October 2024, a 3.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1312
-7.7%
3 7282
+13.9%
4 3634
-5.6%
5+ 129
-25.0%

Summary: The Hoopers Creek 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 decreased by 7.7%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2112-42.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hoopers Creek Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Hoopers Creek Township in October 2024, down by 42.9% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Hoopers Creek Township, NC

How long does it take to sell a home in Hoopers Creek Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days44 Days+182.9%

Summary: Homes in Hoopers Creek Township had an average of 44 days on market in Oct 2024, up by 182.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hoopers Creek Township has remained consistent over time.

Summary: During October 2024, 12 homes were sold in Hoopers Creek Township; 33% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 8% 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 Hoopers Creek Township, NC

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