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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catawba Springs Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Catawba Springs Township, NC

How much do homes in Catawba Springs Township, NC cost?

Median Sold Price

$540,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$49,773(+10.2%)

Key Takeaway

Homes in Catawba Springs Township have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Catawba Springs Township was $540,000 in October 2024, up 10.2% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $335K$235K
-29.9%
2 $422.5K$490K
+16.0%
3 $415K$425K
+2.4%
4 $638.6K$639K
0.1%
5+ $725K$728K
0.4%

Summary: Catawba Springs Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.9%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Cities

Sherrills Ford
+23.2%
Catawba Springs Township
+10.2%
Denver
+7.3%
Iron Station
-2.2%

Housing Supply in Catawba Springs Township, NC

How many homes are available in Catawba Springs Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
276263-4.7%

Summary: The Catawba Springs Township real estate market had 263 homes for sale in October 2024, a 4.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3425
-26.5%
3 9791
-6.2%
4 98101
+3.1%
5+ 4746
-2.1%

Summary: The Catawba Springs Township 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 decreased by 26.5%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 2.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6956-18.8%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catawba Springs Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in Catawba Springs Township in October 2024, down by 18.8% month-over-month. Of the 56 sold homes, 43% were sold under asking, 36% were sold at asking, and 21% were sold over asking.

Days on Market for Catawba Springs Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days34 Days-17.4%

Summary: Homes in Catawba Springs Township had an average of 34 days on market in Oct 2024, down by 17.4% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 56 homes were sold in Catawba Springs Township; 57% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% 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

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