Is Caldwell County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caldwell County is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Caldwell County, NC

How much do homes in Caldwell County, NC cost?

Median Sold Price

$245,060

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$20,679(+9.2%)

Key Takeaway

Homes in Caldwell County have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Caldwell County was $245,060 in May 2024, up 9.2% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $133.9K$142K
+6.0%
2 $165K$170K
+3.0%
3 $235.2K$247.3K
+5.2%
4 $309K$290K
-6.1%
5+ $352.5K$485K
+37.6%

Summary: Caldwell County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 37.6%.

Median Sold Price Compared To Nearby Counties

Caldwell County
+9.2%
Burke County
+5.6%
Alexander County
+5.4%
Avery County
-13.0%

Housing Supply in Caldwell County, NC

How many homes are available in Caldwell County, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
267270+1.1%

Summary: The Caldwell County real estate market had 270 homes for sale in May 2024, a 1.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 35
+66.7%
2 4345
+4.7%
3 149155
+4.0%
4 5446
-14.8%
5+ 1819
+5.6%

Summary: The Caldwell County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Apr 2024May 2024CHANGE
7564-14.7%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caldwell County, you may be able to get a good deal. 57.8% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in Caldwell County in May 2024, down by 14.7% month-over-month. Of the 64 sold homes, 58% were sold under asking, 19% were sold at asking, and 23% were sold over asking.

Days on Market for Caldwell County, NC

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

Average Sale Time

May 2023May 2024CHANGE
23 Days35 Days+48.6%

Summary: Homes in Caldwell County had an average of 35 days on market in May 2024, up by 48.6% compared to last year.

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 64 homes were sold in Caldwell County; 66% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 17% 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

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