Is Claremont, 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, Claremont has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $171K | $173.2K | +1.3% |
3 Bedrooms | $262K | $249.9K | -4.6% |
4 Bedrooms | $302K | $452.5K | +49.8% |
5+ Bedrooms | $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 | $274.9K | $299.9K | +9.1% |
Conover | $275K | $289.9K | +5.4% |
Newton Township | $244.9K | $254.2K | +3.8% |
Claremont | $233K | $235K | +0.9% |
Housing Supply in Claremont, NC
How many homes are available in Claremont, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 38 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 20 | 24 | +20.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 2 | 2 | 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 2024 | May 2024 | CHANGE |
---|---|---|
3 | 10 | +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
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 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 39 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
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.