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 neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Gold Hill Township was a Seller's Market.

Key Takeaway

Gold Hill Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Gold Hill Township, NC

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

Median Sold Price

$270,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$29,900(-10.0%)

Key Takeaway

Homes in Gold Hill Township have sold for 10% less than they did a year ago.

Summary: The median home sold price in Gold Hill Township was $270,000 in April 2024, down 10% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $134K$140K
+4.5%
2 $207.5K$222.5K
+7.2%
3 $273.5K$274.9K
0.5%
4 $355K$352.5K
-0.7%
5+ $365K$365K
0.0%

Summary: Gold Hill Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Providence Township
+13.6%
Morgan Township
+6.1%
Rockwell
-5.7%
Gold Hill Township
-10.0%

Housing Supply in Gold Hill Township, NC

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3440+17.6%

Summary: The Gold Hill Township real estate market had 40 homes for sale in April 2024, a 17.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 02
+100.0%
2 58
+60.0%
3 1917
-10.5%
4 89
+12.5%
5+ 24
+100.0%

Summary: The Gold Hill Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
136-53.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Gold Hill Township in April 2024, down by 53.8% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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

Apr 2023Apr 2024CHANGE
20 Days75 Days+258.7%

Summary: Homes in Gold Hill Township had an average of 75 days on market in Apr 2024, up by 258.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was 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 April 2024, 6 homes were sold in Gold Hill Township; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 28 Days Ago

Newest Listings in Gold Hill Township, NC

Nearby Markets to Gold Hill Township, NC

What housing markets are near Gold Hill Township, NC?