Is Clines 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, Clines Township has remained a Seller's Market.
Housing Prices in Clines Township, NC
How much do homes in Clines Township, NC cost?
Median Sold Price
$299,950
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Clines Township was $299,950 in May 2024, up 9.1% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98K | - | N/A |
2 Bedrooms | $182.5K | $192.5K | +5.5% |
3 Bedrooms | $262.9K | $284.9K | +8.3% |
4 Bedrooms | $325K | $370.2K | +13.9% |
5+ Bedrooms | $495K | $505K | +2.0% |
Summary: Clines 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 5.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
Hickory | $259K | $289.3K | +11.7% |
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 Clines Township, NC
How many homes are available in Clines Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
107 | 116 | +8.4% |
Summary: The Clines Township real estate market had 116 homes for sale in May 2024, a 8.4% 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 | 10 | 12 | +20.0% |
3 Bedrooms | 74 | 77 | +4.1% |
4 Bedrooms | 18 | 23 | +27.8% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Clines 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 increased by 20%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 28 | +40.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Clines Township in May 2024, up by 40.0% month-over-month. Of the 28 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% were sold over asking.
Days on Market for Clines Township, NC
How long does it take to sell a home in Clines Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 42 Days | +47.3% |
Summary: Homes in Clines Township had an average of 42 days on market in May 2024, up by 47.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 28 homes were sold in Clines Township; 68% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.