Is Catawba County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Catawba County has remained a Seller's Market.
Housing Prices in Catawba County, NC
How much do homes in Catawba County, NC cost?
Median Sold Price
$290,182
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Catawba County was $290,182 in May 2024, up 6.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $147.2K | +13.2% |
2 Bedrooms | $175K | $179.9K | +2.8% |
3 Bedrooms | $267.1K | $284.9K | +6.7% |
4 Bedrooms | $395K | $380K | -3.8% |
5+ Bedrooms | $443.5K | $485K | +9.4% |
Summary: Catawba County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Counties
Caldwell County | $224.3K | $245K | +9.2% |
Catawba County | $273K | $290.1K | +6.3% |
Alexander County | $261K | $275K | +5.4% |
Iredell County | $378.4K | $384.8K | +1.7% |
Lincoln County | $374.5K | $365.4K | -2.4% |
Housing Supply in Catawba County, NC
How many homes are available in Catawba County, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
796 | 850 | +6.8% |
Summary: The Catawba County real estate market had 850 homes for sale in May 2024, a 6.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 115 | 123 | +7.0% |
3 Bedrooms | 433 | 456 | +5.3% |
4 Bedrooms | 193 | 215 | +11.4% |
5+ Bedrooms | 49 | 51 | +4.1% |
Summary: The Catawba County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 4.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
169 | 211 | +24.9% |
Asking Price vs. Sold Price
105 Homes Were Sold
Under Asking
51 Homes Were Sold
At Asking
55 Homes Were Sold
Over Asking
Summary: A total of 211 homes were sold or pending in Catawba County in May 2024, up by 24.9% month-over-month. Of the 211 sold homes, 50% were sold under asking, 24% were sold at asking, and 26% were sold over asking.
Days on Market for Catawba County, NC
How long does it take to sell a home in Catawba County, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 41 Days | +41.4% |
Summary: Homes in Catawba County had an average of 41 days on market in May 2024, up by 41.4% compared to last year.
Breakdown of Home Sale Times
139 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Summary: During May 2024, 211 homes were sold in Catawba County; 66% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.