Is Statesville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Statesville is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Statesville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Statesville, NC

How much do homes in Statesville, NC cost?

Median Sold Price

$285,828

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,828(+9.9%)

Key Takeaway

Homes in Statesville have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Statesville was $285,828 in April 2024, up 9.9% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $120K$97.5K
-18.8%
2 $153K$175K
+14.4%
3 $259.9K$270.5K
+4.0%
4 $363.7K$330K
-9.3%
5+ $437.5K$348.9K
-20.2%

Summary: Statesville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 20.2%.

Median Sold Price Compared To Nearby Cities

Statesville Township
+13.2%
Statesville
+9.9%
Bethany Township
+7.7%
Barringer Township
+3.4%
Chambersburg Township
+2.9%

Housing Supply in Statesville, NC

How many homes are available in Statesville, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
416461+10.8%

Summary: The Statesville real estate market had 461 homes for sale in April 2024, a 10.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 5157
+11.8%
3 239259
+8.4%
4 8899
+12.5%
5+ 3745
+21.6%

Summary: The Statesville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 21.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
8487+3.6%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Statesville, you may be able to get a good deal. 49.4% of homes here sold below asking price last month.

Summary: A total of 87 homes were sold or pending in Statesville in April 2024, up by 3.6% month-over-month. Of the 87 sold homes, 49% were sold under asking, 29% were sold at asking, and 22% were sold over asking.

Days on Market for Statesville, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
45 Days46 Days+2.7%

Summary: Homes in Statesville had an average of 46 days on market in Apr 2024, up by 2.7% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 87 homes were sold in Statesville; 54% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 18% 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 28 Days Ago

Newest Listings in Statesville, NC

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