$3,551 Closing Credit*
$299,000
1,365 SqFt
2 Beds
•2 Full Baths
#100471758, Listing Office: J. Ray Realty, LLC
Is Cerro Gordo, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cerro Gordo has remained a Seller's Market.
Key Takeaway
Cerro Gordo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cerro Gordo, NC
How much do homes in Cerro Gordo, NC cost?
Median Sold Price
$315,000
$164/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$183,000(+138.6%)
Key Takeaway
Homes in Cerro Gordo have sold for 138.6% more than they did a month ago.
Summary: The median home sold price in Cerro Gordo was $315,000 in October 2024, up 138.6% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $132K | - | N/A |
| 3 Bedrooms | - | $315K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cerro Gordo housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cerro Gordo | $132K | $315K | +138.6% |
| Cerro Gordo Township | $132K | $315K | +138.6% |
Housing Supply in Cerro Gordo, NC
How many homes are available in Cerro Gordo, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Cerro Gordo real estate market had 2 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cerro Gordo 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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cerro Gordo, 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 Cerro Gordo in October 2024, the same as the previous 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 Cerro Gordo, NC
How long does it take to sell a home in Cerro Gordo, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 149 Days | 6 Days | -96.0% |
Summary: Homes in Cerro Gordo had an average of 6 days on market in Oct 2024, down by 96% compared to last month.
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
Key Takeaway
Many homes in Cerro Gordo are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Cerro Gordo; 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.
