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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Claremont is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Claremont, NC

How much do homes in Claremont, NC cost?

Median Sold Price

$235,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$2,000(+0.9%)

Key Takeaway

Homes in Claremont have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Claremont was $235,000 in May 2024, up 0.9% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $171K$173.2K
+1.3%
3 $262K$249.9K
-4.6%
4 $302K$452.5K
+49.8%
5+ $267.5K$315K
+17.8%

Summary: Claremont 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 1.3%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 49.8%, and 5+ bedroom homes increased by 17.8%.

Median Sold Price Compared To Nearby Cities

Clines Township
+9.1%
Conover
+5.4%
Newton Township
+3.8%
Claremont
+0.9%

Housing Supply in Claremont, NC

How many homes are available in Claremont, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3238+18.8%

Summary: The Claremont real estate market had 38 homes for sale in May 2024, a 18.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 56
+20.0%
3 2024
+20.0%
4 34
+33.3%
5+ 22
0.0%

Summary: The Claremont 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 increased by 20%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Claremont, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Claremont in May 2024, up by 233.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Claremont, NC

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

Average Sale Time

May 2023May 2024CHANGE
18 Days39 Days+115.4%

Summary: Homes in Claremont had an average of 39 days on market in May 2024, up by 115.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 10 homes were sold in Claremont; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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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