New - 12 hours on Rocket
$3,551 Closing Credit¹
Amber Harvalias, Listing Office: eXp Realty, LLC #2
Gilmer Township Housing Market Report December 2024•Guilford County, North Carolina
Housing Prices in Gilmer Township, NC
How much do homes in Gilmer Township, NC cost?
Housing Market Conditions
Is Gilmer Township, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Gilmer Township is a Seller's Market
Difference Since December 2023
Since last year, Gilmer Township has remained a Seller's Market.
Insight
Gilmer Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$229,924$157/SqFt
+$19,932
+9.5%
Based on all homes sold in the last 12 months
Insight
Homes in Gilmer Township have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Gilmer Township was $229,924 in December 2024, up 9.5% from last year, and the median price per square foot was $157.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Jefferson Township | $260K | $295K | +13.5% |
| Gilmer Township | $209.9K | $229.9K | +9.5% |
| Greensboro | $269.9K | $285.1K | +5.6% |
| Monroe Township | $375.7K | $395.2K | +5.2% |
| Mc Leansville | $300K | $294.5K | -1.8% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $159K | $145K | -8.8% |
| 22 Bedrooms | $141.1K | $145K | +2.8% |
| 33 Bedrooms | $209.9K | $226.4K | +7.9% |
| 44 Bedrooms | $284K | $305K | +7.4% |
| 55+ Bedrooms | $339K | $354.4K | +4.5% |
Summary: Gilmer Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -8.8%. The home price for 2 bedroom homes increased by +2.8%. The home price for 3 bedroom homes increased by +7.9%. The home price for 4 bedroom homes increased by +7.4%. The home price for 5 bedroom homes increased by +4.5%.
Housing supply in Gilmer Township, NC
How many homes are available in Gilmer Township, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 264Last MonthDec 2024 | ||
| 2742 months agoNov 2024 | -3.6 % Change MoMNov – Dec |
Summary: The Gilmer Township real estate market had 264 homes for sale in Dec 2024, a 3.6 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 55Last MonthDec 2024 | ||
| 572 months agoNov 2024 | -3.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 43 | 41 | -4.7% |
| 33 Bedrooms | 132 | 123 | -6.8% |
| 44 Bedrooms | 81 | 81 | 0.0% |
| 55+ Bedrooms | 16 | 17 | +6.3% |
Summary: Gilmer Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -4.7%. The inventory for 3 bedroom homes decreased by -6.8%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +6.3%.
Asking Price vs. Sold Price
How much do homes in Gilmer Township, NC cost?
Over Asking Price18 Homes
At Asking Price14 Homes
Under Asking Price23 Homes
Insight
If you're buying a home in Gilmer Township, you may be able to get a good deal. 41.8% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in Gilmer Township in December 2024, down by 3.5% month-over-month. Of the 55 sold homes, 42% were sold under asking, 25% were sold at asking, and and 33% were sold over asking.
Days on Market for Gilmer Township, NC
How long does it take to sell a home in Gilmer Township, NC?
Breakdown of Home Sale Times
Under 30 Days43 Homes
30 – 90 Days10 Homes
Over 90 Days2 Homes
Insight
Many homes in Gilmer Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 55 homes were sold in Gilmer Township; 78% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 19 DaysThis YearDec 2024 | ||
| 20 Days1 year agoDec 2023 | -3.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Gilmer Township had an average listing age of 19 days in Dec 2024, down by 3.4% compared to the previous year.
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Newest Listings in Gilmer Township, NC
What homes are available in Gilmer Township, NC?
New - 13 hours on Rocket
$2,791 Closing Credit¹
Daniel Gibson, Listing Office: Keller Williams Realty
New - 1 day on Rocket
$3,555 Closing Credit¹
Tiffany Clark, Listing Office: LEWIS & CLARK, REALTORS
New - 1 day on Rocket
$1,959 Closing Credit¹
Thomas Shoupe, Listing Office: Opendoor Brokerage LLC
New - 1 day on Rocket
$2,136 Closing Credit¹
DJ McGarrigan, Listing Office: Tyler Redhead & McAlister Real Estate, LLC
New - 1 day on Rocket
$2,789 Closing Credit¹
Michael McDaniel, Listing Office: Redfin Corporation
New - 1 day on Rocket
$3,384 Closing Credit¹
Tracy Tyson, Listing Office: Keller Williams One
New - 1 day on Rocket
$3,741 Closing Credit¹
Carolyn Nelson, Listing Office: Let's Move Realty
Coming soon
$2,672 Closing Credit¹
Will Vines, Listing Office: Keller Williams Realty United
New - 2 days on Rocket
$2,316 Closing Credit¹
Laurie Yates, Listing Office: Triad's Finest Real Estate by eXp Realty
New - 2 days on Rocket
$2,672 Closing Credit¹
Laurence Brown, Listing Office: Wilkinson Triad Realty
New - 2 days on Rocket
$4,512 Closing Credit¹
Brandie Durham, Listing Office: DR Horton
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Last updated on: 1/17/2025, 5:21:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.