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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gulf Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Gulf Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Gulf Township, NC

How much do homes in Gulf Township, NC cost?

Median Sold Price

$297,000

$340/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$209,500(-41.4%)

Key Takeaway

Homes in Gulf Township have sold for 41.4% less than they did a month ago.

Summary: The median home sold price in Gulf Township was $297,000 in May 2024, down 41.4% from last month, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$297K
N/A
3 $506.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Gulf Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gulf Township, NC

How many homes are available in Gulf Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
42-50.0%

Summary: The Gulf Township real estate market had 2 homes for sale in May 2024, a 50.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 20
-100.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Gulf Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

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 Gulf 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 Gulf Township in May 2024, down by 50.0% month-over-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 Gulf Township, NC

We’re sorry, we don't have information for this market at the moment

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gulf Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Gulf 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Gulf Township, NC

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