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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Catawba County was a Seller's Market.

Key Takeaway

Catawba County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Catawba County, NC

How much do homes in Catawba County, NC cost?

Median Sold Price

$299,999

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,440(+4.7%)

Key Takeaway

Homes in Catawba County have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Catawba County was $299,999 in November 2024, up 4.7% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $149.9K$149.7K
-0.1%
2 $176.6K$184.3K
+4.3%
3 $279.9K$285.5K
+2.0%
4 $365K$431.3K
+18.2%
5+ $418K$464.5K
+11.1%

Summary: Catawba County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.1%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Counties

Alexander County
+12.6%
Caldwell County
+7.1%
Catawba County
+4.7%
Iredell County
+4.6%
Lincoln County
+3.9%

Housing Supply in Catawba County, NC

How many homes are available in Catawba County, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
853859+0.7%

Summary: The Catawba County real estate market had 859 homes for sale in November 2024, a 0.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 88
0.0%
2 132128
-3.0%
3 463465
0.4%
4 191200
+4.7%
5+ 5958
-1.7%

Summary: The Catawba County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 1.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
179136-24.0%

Asking Price vs. Sold Price

86 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

19 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. 63.2% of homes here sold below asking price last month.

Summary: A total of 136 homes were sold or pending in Catawba County in November 2024, down by 24.0% month-over-month. Of the 136 sold homes, 63% were sold under asking, 23% were sold at asking, and 14% 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

Nov 2023Nov 2024CHANGE
28 Days46 Days+63.2%

Summary: Homes in Catawba County had an average of 46 days on market in Nov 2024, up by 63.2% compared to last year.

Breakdown of Home Sale Times

73 Homes Were Sold
Under 30 Days

38 Homes Were Sold
In 30 - 90 Days

24 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 November 2024, 136 homes were sold in Catawba County; 54% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 18% 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 20 Days Ago

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