Is Quaker Gap Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Quaker Gap Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Quaker Gap Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Quaker Gap Township, NC

How much do homes in Quaker Gap Township, NC cost?

Median Sold Price

$269,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$75,000(+38.7%)

Key Takeaway

Homes in Quaker Gap Township have sold for 38.7% more than they did a year ago.

Summary: The median home sold price in Quaker Gap Township was $269,000 in October 2024, up 38.7% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$165K
N/A
2 $171.5K$269K
+56.9%
3 $194K$532.5K
+174.5%
4 $560K-
N/A
5+ $95K-
N/A

Summary: Quaker Gap 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 56.9%, 3 bedroom homes increased by 174.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Quaker Gap Township
+38.7%
Pinnacle
+5.4%

Housing Supply in Quaker Gap Township, NC

How many homes are available in Quaker Gap Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The Quaker Gap Township real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 02
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Quaker Gap 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 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Quaker Gap Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Quaker Gap Township in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Quaker Gap Township, NC

How long does it take to sell a home in Quaker Gap Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days46 Days-29.2%

Summary: Homes in Quaker Gap Township had an average of 46 days on market in Oct 2024, down by 29.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Quaker Gap Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Quaker Gap Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Quaker Gap Township, NC

Nearby Markets to Quaker Gap Township, NC

What housing markets are near Quaker Gap Township, NC?