$5,094 Closing Credit*
$429,000
1,133 SqFt
2 Beds
•1 Full Bath
Listing Office: EXP Realty LLC Mooresville
Is Conover, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Conover has remained a Seller's Market.
Key Takeaway
Conover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Conover, NC
How much do homes in Conover, NC cost?
Median Sold Price
$285,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$995(-0.3%)
Key Takeaway
The sold price of homes in Conover has remained the same since last year.
Summary: The median home sold price in Conover was $285,000 in October 2024, down 0.3% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $149.8K | N/A |
| 2 Bedrooms | $182.5K | $199K | +9.0% |
| 3 Bedrooms | $282.5K | $284.7K | +0.8% |
| 4 Bedrooms | $313.8K | $370K | +17.9% |
| 5+ Bedrooms | $369.6K | $376.4K | +1.8% |
Summary: Conover housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
| Claremont | $235K | $251K | +6.8% |
| Clines Township | $285.6K | $299K | +4.7% |
| Conover | $285.9K | $285K | -0.3% |
| Newton Township | $251.9K | $250.8K | -0.5% |
| Newton | $255.3K | $239.6K | -6.2% |
Housing Supply in Conover, NC
How many homes are available in Conover, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 101 | 102 | +1.0% |
Summary: The Conover real estate market had 102 homes for sale in October 2024, a 1.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 16 | 11 | -31.3% |
| 3 Bedrooms | 66 | 70 | +6.1% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Conover housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 31.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Conover, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Conover in October 2024, down by 8.3% month-over-month. Of the 22 sold homes, 68% were sold under asking, 14% were sold at asking, and 18% were sold over asking.
Days on Market for Conover, NC
How long does it take to sell a home in Conover, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 32 Days | +67.7% |
Summary: Homes in Conover had an average of 32 days on market in Oct 2024, up by 67.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Conover are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in Conover; 64% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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