Is Catawba County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catawba County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Catawba County, NC

How much do homes in Catawba County, NC cost?

Median Sold Price

$295,192

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,177(+3.6%)

Key Takeaway

Homes in Catawba County have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Catawba County was $295,192 in October 2024, up 3.6% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $149.9K$149.7K
-0.1%
2 $179K$180.7K
+1.0%
3 $279.7K$284.9K
+1.9%
4 $362.9K$425.1K
+17.1%
5+ $424K$478.7K
+12.9%

Summary: Catawba County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.1%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 12.9%.

Median Sold Price Compared To Nearby Counties

Alexander County
+8.5%
Caldwell County
+5.2%
Catawba County
+3.6%
Iredell County
+3.4%
Lincoln County
+2.7%

Housing Supply in Catawba County, NC

How many homes are available in Catawba County, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
817879+7.6%

Summary: The Catawba County real estate market had 879 homes for sale in October 2024, a 7.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 99
0.0%
2 131131
0.0%
3 450476
+5.8%
4 171206
+20.5%
5+ 5657
+1.8%

Summary: The Catawba County 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 increased by 5.8%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 1.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
146151+3.4%

Asking Price vs. Sold Price

88 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

33 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catawba County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 151 homes were sold or pending in Catawba County in October 2024, up by 3.4% month-over-month. Of the 151 sold homes, 58% were sold under asking, 20% were sold at asking, and 22% were sold over asking.

Days on Market for Catawba County, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days37 Days+56.6%

Summary: Homes in Catawba County had an average of 37 days on market in Oct 2024, up by 56.6% compared to last year.

Breakdown of Home Sale Times

102 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 151 homes were sold in Catawba County; 68% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 14% 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 12 Days Ago

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