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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clines Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Clines Township, NC

How much do homes in Clines Township, NC cost?

Median Sold Price

$299,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,340(+4.7%)

Key Takeaway

Homes in Clines Township have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Clines Township was $299,000 in October 2024, up 4.7% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $98K$180K
+83.7%
2 $199.9K$180K
-10.0%
3 $275K$290K
+5.5%
4 $326.6K$407.4K
+24.7%
5+ $435K$579.9K
+33.3%

Summary: Clines Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.7%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes increased by 33.3%.

Median Sold Price Compared To Nearby Cities

Claremont
+6.8%
Clines Township
+4.7%
Hickory
+4.7%
Conover
-0.3%
Newton Township
-0.5%

Housing Supply in Clines Township, NC

How many homes are available in Clines Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103107+3.9%

Summary: The Clines Township real estate market had 107 homes for sale in October 2024, a 3.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1010
0.0%
3 7477
+4.1%
4 1414
0.0%
5+ 34
+33.3%

Summary: The Clines 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 remained the same, 3 bedroom homes increased by 4.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1722+29.4%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clines Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Clines Township in October 2024, up by 29.4% month-over-month. Of the 22 sold homes, 50% were sold under asking, 23% were sold at asking, and 27% were sold over asking.

Days on Market for Clines Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days29 Days+57.7%

Summary: Homes in Clines Township had an average of 29 days on market in Oct 2024, up by 57.7% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 22 homes were sold in Clines Township; 73% of homes were sold within 30 days, 18% 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

Newest Listings in Clines Township, NC

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What housing markets are near Clines Township, NC?