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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hoopers Creek Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Hoopers Creek Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hoopers Creek Township, NC

How much do homes in Hoopers Creek Township, NC cost?

Median Sold Price

$425,000

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$34,550(+8.8%)

Key Takeaway

Homes in Hoopers Creek Township have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Hoopers Creek Township was $425,000 in May 2024, up 8.8% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $210K$332.6K
+58.4%
2 $275K$332.5K
+20.9%
3 $395K$412K
+4.3%
4 $472K$520K
+10.2%
5+ $595K$610.6K
+2.6%

Summary: Hoopers Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.4%, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Cities

Fletcher
+12.5%
Hoopers Creek Township
+8.8%
Clear Creek Township
+1.9%
Limestone Township
-5.9%

Housing Supply in Hoopers Creek Township, NC

How many homes are available in Hoopers Creek Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
125129+3.2%

Summary: The Hoopers Creek Township real estate market had 129 homes for sale in May 2024, a 3.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1516
+6.7%
3 6868
0.0%
4 3336
+9.1%
5+ 88
0.0%

Summary: The Hoopers Creek 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 increased by 6.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1534+126.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hoopers Creek Township, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Hoopers Creek Township in May 2024, up by 126.7% month-over-month. Of the 34 sold homes, 44% were sold under asking, 35% were sold at asking, and 21% were sold over asking.

Days on Market for Hoopers Creek Township, NC

How long does it take to sell a home in Hoopers Creek Township, NC?

Average Sale Time

May 2023May 2024CHANGE
13 Days29 Days+125.0%

Summary: Homes in Hoopers Creek Township had an average of 29 days on market in May 2024, up by 125% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 34 homes were sold in Hoopers Creek Township; 68% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 6% 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 Hoopers Creek Township, NC

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