Is Cajah's Mountain, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cajah's Mountain is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Cajah's Mountain is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cajah's Mountain, NC

How much do homes in Cajah's Mountain, NC cost?

Median Sold Price

$244,950

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,950(-2.0%)

Key Takeaway

Homes in Cajah's Mountain have sold for 2% less than they did a year ago.

Summary: The median home sold price in Cajah's Mountain was $244,950 in October 2024, down 2% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$185K
N/A
2 $155K$185K
+19.4%
3 $252.4K$244.9K
-3.0%
4 -$276K
N/A
5+ $305K-
N/A

Summary: Cajah's Mountain housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.4%, 3 bedroom homes decreased by 3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lenoir Township
+14.9%
Lenoir
+12.8%
North Catawba Township
+6.0%
Hudson Township
+2.0%
Cajah's Mountain
-2.0%

Housing Supply in Cajah's Mountain, NC

How many homes are available in Cajah's Mountain, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The Cajah's Mountain real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Cajah's Mountain housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cajah's Mountain, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Cajah's Mountain in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cajah's Mountain, NC

How long does it take to sell a home in Cajah's Mountain, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days3 Days-92.1%

Summary: Homes in Cajah's Mountain had an average of 3 days on market in Oct 2024, down by 92.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Cajah's Mountain; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Cajah's Mountain, NC

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