Is Cool Spring Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cool Spring Township was a Seller's Market.
Housing Prices in Cool Spring Township, NC
How much do homes in Cool Spring Township, NC cost?
Median Sold Price
$216,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cool Spring Township was $216,000 in April 2024, up 10.8% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $131.5K | -48.4% |
2 Bedrooms | $136.2K | $165K | +21.1% |
3 Bedrooms | $198K | $218.5K | +10.4% |
4 Bedrooms | $227.5K | $280K | +23.1% |
5+ Bedrooms | $340.7K | $238K | -30.1% |
Summary: Cool Spring Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.4%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 30.1%.
Median Sold Price Compared To Nearby Cities
Forest City | $186.5K | $215K | +15.3% |
Cool Spring Township | $195K | $216K | +10.8% |
Spindale | $164K | $160K | -2.4% |
Colfax Township | $389.7K | $297.5K | -23.7% |
Housing Supply in Cool Spring Township, NC
How many homes are available in Cool Spring Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 58 | +11.5% |
Summary: The Cool Spring Township real estate market had 58 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 15 | +50.0% |
3 Bedrooms | 36 | 36 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Cool Spring Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Cool Spring Township in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for Cool Spring Township, NC
How long does it take to sell a home in Cool Spring Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 135 Days | +990.2% |
Summary: Homes in Cool Spring Township had an average of 135 days on market in Apr 2024, up by 990.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Cool Spring Township; 13% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.