Is Catawba Township, 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 Township has remained a Seller's Market.
Housing Prices in Catawba Township, NC
How much do homes in Catawba Township, NC cost?
Median Sold Price
$299,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Catawba Township was $299,000 in May 2024, up 6.8% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $70.7K | N/A |
2 Bedrooms | $188K | $351.5K | +87.0% |
3 Bedrooms | $265K | $277.5K | +4.7% |
4 Bedrooms | $700K | $350K | -50.0% |
5+ Bedrooms | $639.2K | $320.9K | -49.8% |
Summary: Catawba Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 87%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 49.8%.
Median Sold Price Compared To Nearby Cities
Catawba Township | $280K | $299K | +6.8% |
Shiloh Township | $279.1K | $290K | +3.9% |
Mountain Creek Township | $455K | $451.7K | -0.7% |
Caldwell Township | $300K | $255K | -15.0% |
Housing Supply in Catawba Township, NC
How many homes are available in Catawba Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 63 | +18.9% |
Summary: The Catawba Township real estate market had 63 homes for sale in May 2024, a 18.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 21 | 27 | +28.6% |
4 Bedrooms | 17 | 20 | +17.6% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Catawba Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Catawba Township in May 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Catawba Township, NC
How long does it take to sell a home in Catawba Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 44 Days | +163.2% |
Summary: Homes in Catawba Township had an average of 44 days on market in May 2024, up by 163.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Catawba Township; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.