$6,917 Closing Credit*
$582,500
2,409 SqFt
4 Beds
•3 Full Baths
Listing Office: Nestlewood Realty, LLC
Is Cornelius, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cornelius has remained a Seller's Market.
Key Takeaway
Cornelius is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cornelius, NC
How much do homes in Cornelius, NC cost?
Median Sold Price
$553,750
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,132(+8.9%)
Key Takeaway
Homes in Cornelius have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Cornelius was $553,750 in November 2024, up 8.9% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $539K | $190.2K | -64.7% |
| 2 Bedrooms | $321.7K | $320.2K | -0.5% |
| 3 Bedrooms | $490.2K | $529.7K | +8.0% |
| 4 Bedrooms | $757.6K | $725K | -4.3% |
| 5+ Bedrooms | $1.5M | $1.5M | -3.2% |
Summary: Cornelius housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.7%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Cities
| Cornelius | $508.6K | $553.7K | +8.9% |
| Huntersville | $527.7K | $550.2K | +4.3% |
| Davidson | $632.8K | $619.9K | -2.0% |
Housing Supply in Cornelius, NC
How many homes are available in Cornelius, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 206 | 192 | -6.8% |
Summary: The Cornelius real estate market had 192 homes for sale in November 2024, a 6.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 36 | 34 | -5.6% |
| 3 Bedrooms | 108 | 100 | -7.4% |
| 4 Bedrooms | 34 | 30 | -11.8% |
| 5+ Bedrooms | 28 | 26 | -7.1% |
Summary: The Cornelius housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 40 | -31.0% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cornelius, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in Cornelius in November 2024, down by 31.0% month-over-month. Of the 40 sold homes, 75% were sold under asking, 20% were sold at asking, and 5% were sold over asking.
Days on Market for Cornelius, NC
How long does it take to sell a home in Cornelius, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 40 Days | +15.7% |
Summary: Homes in Cornelius had an average of 40 days on market in Nov 2024, up by 15.7% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cornelius are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 40 homes were sold in Cornelius; 60% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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