Gatesville Township Housing Market Report December 2024•Gates County, North Carolina

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Housing Prices in Gatesville Township, NC

How much do homes in Gatesville Township, NC cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Gatesville Township is a Seller's Market

Difference Since November 2024

Last month, Gatesville Township has remained a Seller's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$542,000$154/SqFt
+$277,000
+104.5%

Based on all homes sold in December 2024

Insight

Homes in Gatesville Township have sold for 104.5% more than they did a month ago.

Summary: The median home sold price in Gatesville Township was $542,000 in December 2024, up 104.5% from last month, and the median price per square foot was $154.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Gatesville
+104.5%
Gatesville Township
+104.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsNov 2024Dec 2024Change MoM
2--
N/A
4$265K$542K
+104.5%
1--
N/A
3--
N/A
5--
N/A

Summary: Gatesville Township housing price by bedroom type for December 2024, compared to the previous month. The home price for 2 bedroom homes did not change. The home price for 4 bedroom homes increased by +104.5%. The home price for 1 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Gatesville Township, NC

How many homes are available in Gatesville Township, NC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2Last MonthDec 2024
52 months agoNov 2024
-60.0 %
Change MoMNov – Dec

Summary: The Gatesville Township real estate market had 2 homes for sale in Dec 2024, a 60.0 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthDec 2024
32 months agoNov 2024
-66.7 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
200
0.0%
441
-75.0%
100
0.0%
311
0.0%
500
0.0%

Summary: Gatesville Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -75.0%. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Gatesville Township, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Gatesville Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Gatesville Township in December 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Gatesville Township, NC

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

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

Summary: During December 2024, 1 homes were sold in Gatesville 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.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
6 DaysLast MonthDec 2024
52 Days1 month agoNov 2024
-88.5 %
Change MoMNov – Dec

Summary: Homes in Gatesville Township had an average listing age of 6 days in Dec 2024, down by 88.5% compared to the previous month.

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Newest Listings in Gatesville Township, NC

What homes are available in Gatesville Township, NC?

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Nearby markets

Nearby markets aren't available for Gatesville Township, NC

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MLS Disclaimers and Copyright

Based on information from Hive MLS, for the period 11/01/2024 - 01/01/2025

IDX Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.