Is Hogback Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hogback Township was a Neutral Market.
Key Takeaway
Hogback Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hogback Township, NC
How much do homes in Hogback Township, NC cost?
Median Sold Price
$588,600
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hogback Township have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Hogback Township was $588,600 in May 2024, up 14.3% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $254K | $376.8K | +48.4% |
| 2 Bedrooms | $229K | $349.9K | +52.8% |
| 3 Bedrooms | $850K | $675K | -20.6% |
| 4 Bedrooms | $1.4M | $1.2M | -14.1% |
| 5+ Bedrooms | $2.4M | $4.2M | +72.2% |
Summary: Hogback Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.4%, 2 bedroom homes increased by 52.8%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes increased by 72.2%.
Median Sold Price Compared To Nearby Cities
| Lake Toxaway | $490.5K | $570K | +16.2% |
| Hogback Township | $515K | $588.6K | +14.3% |
Housing Supply in Hogback Township, NC
How many homes are available in Hogback Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 43 | 45 | +4.7% |
Summary: The Hogback Township real estate market had 45 homes for sale in May 2024, a 4.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hogback Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hogback Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Hogback Township in May 2024, down by 83.3% 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 Hogback Township, NC
We’re sorry, we don't have information for this market at the moment
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