Is Gilkey 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, Gilkey Township was a Seller's Market.
Housing Prices in Gilkey Township, NC
How much do homes in Gilkey Township, NC cost?
Median Sold Price
$320,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gilkey Township was $320,000 in April 2024, up 6.1% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $352K | N/A |
2 Bedrooms | $289.9K | $186K | -35.8% |
3 Bedrooms | $299.7K | $320K | +6.8% |
4 Bedrooms | $404.9K | $378.4K | -6.6% |
5+ Bedrooms | - | $500K | N/A |
Summary: Gilkey Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Union Mills | $320K | $391K | +22.2% |
Rutherfordton Township | $234K | $250K | +6.8% |
Gilkey Township | $301.5K | $320K | +6.1% |
Housing Supply in Gilkey Township, NC
How many homes are available in Gilkey Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Summary: The Gilkey Township real estate market had 6 homes for sale in April 2024, a 25.0% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gilkey 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Gilkey Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Gilkey Township, NC
How long does it take to sell a home in Gilkey Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 7 Days | -36.4% |
Summary: Homes in Gilkey Township had an average of 7 days on market in Apr 2024, down by 36.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Gilkey 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.